Mercantilism Simulation Game Review of Trade What were











- Slides: 11
Mercantilism Simulation Game
Review of Trade • What were the 3 forms of trade? trade • What were the Navigation Acts? Acts • What is mercantilism? mercantilism • How did colonists trade with European nations other than England? England
Mercantilism Game • Toothpicks = Gold Bars • Britain: finished products Hershey’s (20) – New England: fish & lumber • Whoopers (10), Butterfinger (10) – Middle: wheat & manufactured products • Crunch (10), Skittles(10) – Southern: tobacco, rice, indigo, & cotton • Baby Ruth (10), Snickers (10), Almond Joy (5), & Twix (5) • Spain: finished products – Kit-Kat (20) • The Netherlands: finished products – Starbursts (20)
Your Task • Your goal is to acquire as much gold as possible by trading and selling your goods
Rules of Trades • Colonies (N. E. , Middle, Southern) can only trade with Euro countries (England, Spain, Netherlands) • Euro countries can only trade with colonies – Countries cannot trade with each other • 2 colonial raw materials can be traded to Europe for 1 finished product OR can be sold for 1 gold bar • 1 finished product can be traded to the Colonies for 2 raw materials OR can be sold for 2 gold bars • AFTER TRADING--trade your products to the “BANK” (Coach Bowers) for gold bars until the BANK runs out of gold
Round 1 • Begin trading for gold • During Round 1, colonies can trade with ANY European country • You have 5 minutes for trading
Who Won? • Meet with your group. Count the gold acquired by all members. • Who won? A colonial region or European country? country Why?
But Remember… • The Navigation Acts were passed by Parliament to limit colonial trade with other European countries • During Round 2: – Spain & The Netherlands must pay 1 gold bar to England to trade with the colonies – Colonies must pay 1 gold bar to England to trade with Spain & The Netherlands
Round 2 • Rules from Round 1 apply – colonies may only trade with Europe & visa versa • However, the Navigation Acts are in place, so you must pay 1 gold bar to England to trade with the colonies if you are Spanish or Dutch or to trade with the Spanish or Dutch if you are a colonist… colonist – …only if England catches you…smugglers? • You have 3 minutes to trade
Follow-Up Discussion • How did you feel about the restrictions on trade? • Why was smuggling used by the colonists? • Who was mercantilism designed to benefit?
Quick. Write #4 • Mercantilism is different than free-enterprise because…