Summary: This lesson explores the economic concept of mercantilism and the trading restrictions that it imposed on the British colonies in the 17th and 18th centuries. Students will be able to explain the key principles of mercantilism by analyzing political cartoons and primary sources. Students will be able to illustrate the mercantilist relationship between Great Britain and its colonies by designing their own political cartoon or infographic.
Overarching Question:
- ECONOMICS: What is the proper role of government in the economy? (Especially with regard to economic crises, national defense/security, health and safety of the people, and economic development and practices.)
NJ Student Learning Standards for Social Studies:
- 6.1.12.EconEM.2.a: Explain how the United States economy emerged from British mercantilism.
- 6.1.12.EconEM.2.b: Assess the effectiveness of the new state and national governments attempts to respond to economic challenges including domestic (e.g., inflation, debt) and foreign trade policy .
Links to Lesson: Mercantilism - Bill of Rights Institute
Supplemental link: NJCCE Mercantilism vs. Capitalism Powerpoint