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Overview of Mercantilism and American Colonies

Apr 29, 2025

Lecture Notes on Mercantilism and the Colonization of America

Introduction to Mercantilism

  • 17th-century prevailing economic system in Western Europe.
  • Key Concept: Nation's power depended on its wealth and control of trade.
  • Led to transatlantic trade between European nations and their colonies.

Establishment of Colonies

  • Allowed European nations to access natural resources.
  • Essential for controlling trade.
  • Exchange of goods between Europe and American colonies began.

English Colonies Categorization

  • Three Regions: Based on geographic, economic, and cultural factors.

Southern Colonies

  • First Permanent Colony: Jamestown, Virginia (1607).
  • Other colonies: Maryland, North Carolina, South Carolina, Georgia.
  • Purpose: Essentially business ventures.
  • Economy: Cultivation of cash crops (tobacco, rice, indigo).
  • Fertile soil and warm climate favored agriculture.
  • Remained primarily agricultural.
  • Native American Relations: Conflict with tribes like the Powhatan.

New England Colonies

  • Colonies: Massachusetts, Connecticut, Rhode Island, New Hampshire.
  • Purpose: Established for religious groups (e.g., Pilgrims, Puritans).
  • Economy: Lumber trade, fishing, whaling, commercial trade.
  • Native American Relations: Initially smooth, later confrontational.
  • King Philip's War (1675): Conflict between settlers and American Indians.

Mid-Atlantic Colonies

  • Colonies: New York, New Jersey, Pennsylvania, Delaware.
  • Originally part of Dutch New Netherland.
  • Geography: Good harbors and river systems.
  • Economy: Production of wheat, grains, dairy ("bread basket").
  • Trade Routes: Hudson and Delaware Rivers.
  • Port Cities: Philadelphia and New York City as commerce hubs.
  • Pennsylvania: Refuge for English Quakers, promoting religious toleration and fair treatment of American Indians.

Conclusion

  • Mercantilism influenced the colonization and economic development of English colonies.
  • Each region had distinct purposes, economies, and interactions with Native Americans.