European nations competed to establish colonies in the Americas
They expanded their wealth and power. (Gold and Glory)
Europe established sea trade with India.
The slave trade expanded.
Epidemics killed most of the native population in the Americas and created a need for workers.
Slaves provided a quick and available solution to the need for workers.
In 1540, about 10,000 slaves per year were brought to the Americans.
In the 1700’s there were about 70,000 slaves per year.
Triangular Trade Route
A network of trading between Europe, Africa, and the Americasmade the Triangular Trade Route.
The Europeans traded goods to traders on the west coast of Africa in exchange for captured Africans.
These Africans were then transported across the Atlantic to the West Indies and merchants brought goods produced back to Europe.
The Columbian Exchange, the global transfer of plants, animals, disease, and food brought together the Eastern and Western hemispheres and touched, in some way, nearly all the people of the world. (page 572)
Rise of Capitalism
Rise of capitalism resulted from the growth of town and city life and the expansion of trade.
list the 3 countries that made up the triangular trade
apitalism is an economic system based on the private ownership and use of capital (goods and services).
Rise of Mercantilism
Rise of Mercantilism resulted from economic growth and expanding royal power.
Rulers encouraged exports (sell products to other countries) and discouraged imports (buy products from other countries).
The trade with colonies was expected to supply the home country with great wealth and new products.