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What Were The Consequences Of Mercantilism

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Mercantilism is the idea of commercialism, which is the building of a system of the benefits of the profitable trading. In other words, mercantilism is where the colonies were forced to only trade and sell to Britain, in trade the colonists will be given manufactured goods from Britain if they kept to their end of the bargain. In result, the colonists made progress in both their population, and their financials. Britain however, gained much from the fact the colonists was only allowed to sell and trade with Britain. The colonies will soon build resentment for their mother country, for the fact that they are unable to profit off other customers instead of one. Soon that resentment shall turn into the desire of independence, which will be the main topic of this essay. Before the colonists saw the consequences on having only one customer, the colonists were thrilled over the fact they had a reliable source of income and financial support. They didn’t put much thought over the idea of mercantilism, for they thought they had a steady revenue. After gaining some stability however, the colonists began to seek out a superior customer and was met with many potential clients. In those times there was two different groups of colonists, those who want independence from their mother country, and …show more content…
In result, the colonists decided to begin illegal bribing techniques for profit, and smuggling. Britain then decided to punish the colonists by passing numerous laws through parliament. In this situation the two groups of colonists that were mentioned earlier, came into play. One group ready to rebel and fight, the other deciding to stay loyal to their country, while believing they could be happy with the idea of mercantilism. In the end, the group that wanted to rebel soon won against the group that was loyal to their country, and began a revolution against Great

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