In the last millennium a diverse multitude of economical practices have streaked across time with countless ramifications. However, one particular economical theory known as mercantilism sparked the rebellion of a nation during the 1600 and 1700’s. The revolutionary theory of Mercantilism functions by offsetting trade between a mother country and a network of smaller subsidiary colonies. Mercantilism’s sole purpose is to benefit the mother country at the expense of its colonies. Because Britain created stringent mercantile policies for colonial trade, a catastrophic war for American independence erupted into conflict.
In 1651, Britain enacted its first mercantile trade policy known as the Navigation Act. By implementing the Navigation
In 1651, Britain enacted its first mercantile trade policy known as the Navigation Act. By implementing the Navigation