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Reading 2.4
Transatlantic Trade
| Term | Definition |
|---|---|
| Triangular Trade | Trade system that developed between Britain, the Americas, and Africa of finished goods, natural resources, and slaves, which effectively brought the Americas into a global economic market. |
| Navigation Acts | Acts which were an attempt by Britain to enforce mercantilism by stipulating raw goods from the colonies must be provided only to Britain and all goods to the colonies must ship from British ports. |
| Mercantilism | Economic program that assumed the world’s wealth remained fixed, which resulted in fierce European competition and a drive for colonies to trade exclusively with their “mother” country. |
| Salutary Neglect | Unofficial policy of relaxed royal control over colonial trade and government, which only weakened enforcement of the Navigation Acts and allowed for opportunities for colonial self-rule. |
| Dominion of New England | Failed administrative union created by royal authority that incorporated all of New England, New York and New Jersey into one colony placed under the rule of Sir Edmund Andros. |
| Sir Edmund Andros | Leader of the failed Dominion of New England who was widely unpopular for curbing popular assemblies, taxing residents without their consent and strictly enforcing Navigation Laws. |
| Glorious Revolution | Overthrow of the unpopular Catholic monarch, James II, replacing him with Dutch-born William III and Mary, who accepted increased Parliamentary oversight and new limits on the monarchy. |
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