HIST 215 Lecture 3: Lecture 3 - Empires and States
13 Nov 2017
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Document Summary
Lecture 3 - empires and states: the middle passage . Kidnapped and sold to a slave trip-> sold to the west indies, and brought to. Freed later in life, moved to england and became a merchant. The interesting narrative of the life of olaudah equiano (1789) 35% to gb/french caribbean plantations, 5% to n. america, rest to portuguese. Triangular trade (atlantic ocean trade: the colonial empires, mercantilism. C16th-c18th(early modern period), start of capitalistic era definitions of mercantilism and capitalism. Policy and practice of louis xiv-governmental regulation of a nations economy / wealth is finite/accumulation of national wealth can only be at the expanse of other countries. Economic and political system in which a country"s trade and economy controlled by private owners and not the state capital accumulation/ private properties/ wage labor/ system of prices. Symbiosis of mercantilism and capitalism: mercantile capitalism. Thousands of individuals invested their money for personal profit as the end result.
