Definitions
1. from the 16th to the 19th centuries, a system of government-sponsored international business ventures designed to make European monarchs rich.
2. an economic theory that holds the prosperity of a state as dependent upon its supply of capital, that the global volume of international trade is "unchangeable," and that one party may benefit only at the expense of another. -wikipedia.org
Explanation
When one country starts to benefit due to when another country has expenses.
Metaphor
Mercantilism is like monopoly. Everyone wants to own the most land and money, and likes when the other players have to pay them more money and start to go bankrupt. they are gaining from others expenses.
Showing posts with label Mercantilism. Show all posts
Showing posts with label Mercantilism. Show all posts
Thursday, March 31, 2011
Saturday, March 19, 2011
The Life of a Slave...
Olaudah Equiano, an Ibo from Nigeria, was just 11 years old when he was kidnapped into slavery. He was held captive in West Africa for seven months and then sold to British slavers, who shipped him to Barbados and then took him to Virginia. After serving a British naval officer, he was sold to a Quaker merchant from Philadelphia who allowed him to purchase his freedom in 1766. In later life, he played an active role in the movement to abolish the slave trade.
Kidnapped
(read the entire excerpt here)
shackles used to chain slaves together One day, when all our people were gone out to their works as usual, and only I and my dear sister were left to mind the house, two men and a woman got over our walls, and in a moment seized us both; and, without giving us time to cry out, or make resistance, they stopped our mouths, and ran off with us into the nearest wood. Here they tied our hands, and continued to carry us as far as they could, till night came on, when we reached a small house, where the robbers halted for refreshment, and spent the night. We were then unbound; but were unable to take any food; and, being quite overpowered by fatigue and grief, our only relief was some sleep, which allayed our misfortune for a short time.
The Middle Passage:
(read the entire excerpt here)
Olaudah Equiano vividly recounts the shock and isolation that he felt during the Middle Passage to Barbados and his fear that the European slavers would eat him.
diagram of slaves packed into ship`s hold The stench of the hold while we were on the coast was so intolerably loathsome, that it was dangerous to remain there for any time...some of us had been permitted to stay on the deck for the fresh air. But now that the whole ship's cargo were confined together, it became absolutely pestilential. The closeness of the place and the heat of the climate, added to the number of the ship, which was so crowded that each had scarcely room to turn himself, almost suffocated us.Every circumstance I met with, served only to render my state more painful and heightened my apprehensions and my opinion of the cruelty of the whites.
Arrival in the new world
(read the entire excerpt here)
Olaudah Equiano offers a first- hand account of his arrival in the West Indies in 1756.
Response:
waiting to be sold We were not many days in the merchant's custody, before we were sold after their usual manner...On a signal given, (as the beat of a drum), buyers rush at once into the yard where the slaves are confined, and make a choice of that parcel they like best. The noise and clamour with which this is attended, and the eagerness visible in the countenances of the buyers, serve not a little to increase the apprehension of terrified Africans...In this manner, without scruple, are relations and friends separated, most of them never to see each other again. I remember in the vessel in which I was brought over...there were several brothers who, in the sale, were sold in different lots; and it was very moving on this occasion, to see and hear their cries in parting.
Olaudah Equiano would not have had access to material to write a diary but imagine what he might have written in his diary if he had had the opportunity. Choose one section of the journey into slavery given above and write a journal entry as if you were Olauda Equiano. This writting task asks you to put yourself in his shoes - to write from his perspective. Remember to support your writing with details from the story or other historical facts you know from this time period.
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