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Summary The Triangular Trade - Britain, : conflict, revolution and settlement $10.30   Add to cart

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Summary The Triangular Trade - Britain, : conflict, revolution and settlement

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In-depth notes about the significance of North America and the Caribbean in 17th century Britain, as well as a summary of the significance of British control the Triangular Trade (including why/how British control of the Triangular Trade increased and how it affected the economy).

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  • June 12, 2024
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  • 2020/2021
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The significance of North America and Jamaica
North America
 Christopher Columbus discovered America in 1492, and much of the early interest in the
continent came from the Dutch and Spanish
 The defeat of the Spanish Amada, growth of Puritanism and desire to find precious metals (gold)
drove the English expansion westward at the beginning of the 1600s
 Jamestown, Virginia was established in 1607 and marked the beginning of tobacco trade with
England
 Tobacco became the first cash-crop (profitable and easily marketable) to be exploited by the
English gentry
 Maximum imports of tobacco from Virginia (lbs):
1625 – 200,000
1638 – 1,600,000
 It helped the British to compete with other European powers in North America (i.e. the Dutch) –
the Stuart economy was boosted as customs taxes could be levied on tobacco when transported
back to England and would be crucial to William lll’s military campaigns
 As the slave trade was not widely used at this point, vagrants and indentured servants (people
who would work without pay for a fixed period of time in exchange for free passage to their new
country) were regularly sent over from Britain – solved problems of unemployment and
vagrancy (but poor relief was still high)
 More colonies were established in the North and in South Carolina, due to Puritan persecution –
in 1620, the Mayflower carried over the first Puritan settlers and at the height of Laud’s
persecutions in 1630, 20,000 Puritan refugees escaped to North America – and also as an
attempt to cure the overpopulation in England and because of the desire to open up new
markets
 As a result of the growth in colonies, by 1700, 22 million lbs of tobacco were being exported
from North America
 The Puritan New England colonies emerged as farming and fishing communities – strengthened
the British economy by creating markets for the trade of fur
 Primary reason for the establishment for both Puritan and Catholic colonies was contempt for
the religious policies of Charles l
 Shipbuilding became an essential industry that fuelled further economic growth
 Newfoundland, England’s first colony, provided useful economic resources – especially fish –
which were transported to England to be traded on the continent
 On the whole, High Church, Catholic and Anglican settlers ran large plantations for the export of
tobacco, and on the other hand Puritan colonies attempted to create deeply religious societies,
which traded in fish, crop and fur – both aiding the Stuart economy


The Caribbean

 Initial colonial success in the Caribbean came from the Spanish, as they had a powerful navy and
occupied the important islands of Cuba and Jamaica
 At the turn of the 17th century, the English carried out experimental expeditions, resulting in the
occupation of Bermuda in 1612 and St Kitts in 1624 where they began to grow tobacco and some
limited trade with Europe took place

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