SAT US History: U.S. Economic History From Pre Columbian History To 1789

Certain goods, such as sugar, tobacco and cotton, could only be traded with England – shrinking the market that Southern plantation owners could sell to Smuggling grew in usage as colonists illegally sought new markets for their goods English and French colonies grew closer, in mutual protest to the manner in which they were being used to serve the metropole. New England shipbuilders benefitted from the protection offered by the Navigation Acts All goods bound for the colonies had to be processed first in England, before an import tax was applied, to protect English economic interests The constant influx of new colonists that brought with them fresh ideas and resources The shipping of goods from the metropole (London) Trade and aid provided by local Native American people The rivalry with Spanish and French colonies that helped foster a spirit of solidarity and necessity amongst the English colonists The establishment of tobacco farms that provided immediate wealth and prosperity to the land-owners Bacon’s Rebellion Shay’s Rebellion Nat Turner’s Rebellion The Whiskey Rebellion The Taos Revolt The British government forbade slavery in Northern colonies. Northern colonists abhorred what they viewed as the backwardness of the South and believed slavery to be morally wrong. The bicameral legislature of Massachusetts passed a bill outlawing slavery, and the other Northern colonies promptly followed suit. The personal campaigning of luminaries such as William Penn and Lord Baltimore against slavery gained a following only in New England. The North's economy didn't rely heavily on agriculture, but the plantation economy of the South required large reserves of workers to turn a profit. Stamp Act Coercive Acts Townshend Acts Intolerable Acts Tea Act Slaves were to be brought over from Africa to work the plantations of the Caribbean and the Southern parts of what is now the United States Native people were to be utilized in forced slave labor to assist the development of Spanish infrastructure Spanish Missionaries would be given the freedom to preach and travel where they pleased in the New World to spread Christianity to an “uncivilized people” Those Native Americans who resisted Spanish imposition were to be dispatched with legalized ruthlessness Every Spanish colonist was made economically and politically subject to the Spanish Crown London Company British East India Company Atlantic Company The Company of the Americas South Sea Company It provided military protection to colonists on the frontier. It rewarded colonists with a section of land, the size of which was based on how many individuals the arriving colonists brought with them. It established a financial reward if a colonist could prove he had killed a Native American. It provided financial assistance to settlers who arrived with an established skill set. It awarded one hundred and sixty acres of land to whoever agreed to live work there for at least five years. Juan Ponce de León Vasco Núñez de Balboa Christopher Columbus Hernán Cortés Hernando de Soto

To enforce regulations on trade between the colonies and British and non-British merchants

Defraying the expenses of defending, protecting, and securing he British colonies and plantations in America

The French and Indian war left Britain in great debt and revenue was needed

To pay for British militia to patrol smuggling on the part of colonial merchants

To defray costs from importing goods from the Americas