Revolutionary Theory Of Mercantilism During The 1600 And 1700's

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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

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