New England

1
New Englands Economy

• Chapter 5
• Lesson 3

2

• As time passed, life in New England became less
  difficult. By the 1700s, the great-grandchildren
  of the early colonists lived much more
  comfortable lives. This success was because of
  the sea and the regions thick forests.
• Many colonists in New England had built
  successful fishing, whaling, trading, and
  shipbuilding industries.

3
Industry

• Includes all the businesses that make one kind of
  product or provide one kind of service.
• Example fishing, whaling, trading, and
  shipbuilding industries.

4
Fishing and Whaling Industries

• Surplus of fish (They could catch more fish than
  they needed)
• Catch whales, boil their blubber and use it for
  oil in lamps.

5
Trading Industry

• The English government insisted that the
  colonists send their exports (goods leaving the
  country) ONLY to England or other English
  colonies.
• They also expected the colonists to ONLY buy
  imports (goods brought into the country) from
  England

6
Triangular Trade Route

• This route connected England, the English
  colonies in North America, and the west coast of
  Africa.
• Read the text and check out the map on page 202!

7
Its time to take some notes!
8
industry

• Includes all the businesses that make one kind of
  product or provide one kind of service.

Example fishing, whaling, trading, and
shipbuilding industries.
9
Exports

• goods leaving the country

10
Imports

• goods brought into the country

11
Triangular Trade Route

• Route in the Atlantic Ocean that connected
  England, the English colonies in North America,
  and the west coast of Africa.