In this lesson students will learn about the economic system of Mercantilism. They will be introduced to several key terms such as raw goods, manufactured goods, mercantilism, economic interdependence and the Navigation Acts. They will also get a basic overview of how mercantilism and the Navigation Acts worked. As they learn they will take guided notes. Then students will engage in an simulation activity where they make trades as colonists and experience the economic effects of mercantilism and the impact of the Navigation Acts. The lesson culminates with a reflection exercise to answer the investigation question: How did the economic system of mercantilism effect the relationship between Great Britain and the colonies?
Included in this lesson:
-Powerpoint presentation with lesson (very visually appealing, and includes soothing sound of waves to enhance trade theme)
-Colonist Trading Cards (lists resources each student will have for simulation)
-Trade Prices Sheet (lists trade prices for each good in 3 different countries)
-Colonial Market Worksheet (students figure out the impact of trades they make in activity)