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Triangular Trade and the Navigation Acts. Pg. 95-96. Triangular Trade. Settlers in Colonial America engaged in 3 types of trade Trade with other colonies Direct exchange of goods with Europe The Triangular Trade. Triangular Trade. Triangular Trade
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Triangular Trade and the Navigation Acts Pg. 95-96
Triangular Trade • Settlers in Colonial America engaged in 3 types of trade • Trade with other colonies • Direct exchange of goods with Europe • The Triangular Trade
Triangular Trade • Triangular Trade • The name given to a route with three stops. • The American colonists were a part of the triangular trade routes with Europe and Africa
Triangular Trade • Ships would leave the colonies with raw materials and rum bound for England • They would leave England and take money from sale of goods, rum, and iron to Africa to trade for slaves • Ships would bring Slaves from Africa to the West Indies • They would take remaining slaves, sugar and molasses to the Colonies
Navigation Acts - 1651 • The Colonies prospered from trade • England wanted to ensure that it prospered as well • Mercantilism • Navigation Acts • All Shipping had to be done on English Ships • Cash crops could only be sold in English Colonies • Colonial Imports had to pass through English ports • Any colonial goods not shipped to England were to be taxed
Smuggling • England had trouble enforcing the Navigation Acts • Merchants ignored them whenever they could • Smuggling was very common • England had particular difficulty preventing pirates from interfering with trade