Lucas Keh
History Honors
Mercantilism Essay
Due Date: 11/4/14
Mercantilism Mercantilism was the main economic system of the 18th Century. This system operated between a mother country and her colonies. Basically, the colonies produced resources for the mother country to use. The mother country then took the products and manufactured them into goods for trading. The colonies were bound to the mother country, and in return, the mother country would provide the colonies with protection and fair, direct trade. On an outside viewpoint, this system seems fair and without bias. However, in reality, there was a major flaw to this system, specifically in the case of Great Britain and America. Great Britain had complete economic, political, and social …show more content…
The British however, knew that the Americans liked to buy other countries’ products, so they placed Acts on the colonists to prohibit or discourage the importation of other countries’ products. Some of the things that the British did was place tariffs, or heavy taxes on foreign goods. However, instead of lowering incentive to import from other countries and only participate in trade with Britain, this gave birth to …show more content…
The American colonists were fed up by the British constantly dominating over them. Because of the salutary neglect that was imposed on the colonies, the colonies gained a sense of independence from England. So when Parliament kept passing new rules, the colonists were very angry. When Britain began enforcing the laws, colonists immediately started to boycott and protest against the laws and against British products. The system of mercantilism was a major cause in the Revolution because Britain heavily taxed the colonies without representation, they enforced new laws, and was a bad mother country to them, and America had every right to rebel against
History Honors
Mercantilism Essay
Due Date: 11/4/14
Mercantilism Mercantilism was the main economic system of the 18th Century. This system operated between a mother country and her colonies. Basically, the colonies produced resources for the mother country to use. The mother country then took the products and manufactured them into goods for trading. The colonies were bound to the mother country, and in return, the mother country would provide the colonies with protection and fair, direct trade. On an outside viewpoint, this system seems fair and without bias. However, in reality, there was a major flaw to this system, specifically in the case of Great Britain and America. Great Britain had complete economic, political, and social …show more content…
The British however, knew that the Americans liked to buy other countries’ products, so they placed Acts on the colonists to prohibit or discourage the importation of other countries’ products. Some of the things that the British did was place tariffs, or heavy taxes on foreign goods. However, instead of lowering incentive to import from other countries and only participate in trade with Britain, this gave birth to …show more content…
The American colonists were fed up by the British constantly dominating over them. Because of the salutary neglect that was imposed on the colonies, the colonies gained a sense of independence from England. So when Parliament kept passing new rules, the colonists were very angry. When Britain began enforcing the laws, colonists immediately started to boycott and protest against the laws and against British products. The system of mercantilism was a major cause in the Revolution because Britain heavily taxed the colonies without representation, they enforced new laws, and was a bad mother country to them, and America had every right to rebel against