Mercantilism

Mercantilism was a system that helped increase the power of the states. Later in the 17th century, the Dutch and the English wanted to become allies in order to stop Louis XIV and the Netherlands from territorial expansion. Since then they were in many wars…

Does China’s role presage a return to mercantilism, or even greater international trade cooperation and integration? China is a “monster” in the global trade and finance. It has been stablishing cooperation with many countries around the world. These accords trigged a debate on whether China is…

Discussion Questions—for teacher’s use 1. What is common sense? (looking for a general definition) Thomas Paine’s—Common Sense 1. What were some new details that you learned that were not provided in the textbook? 2. What is Paine’s purpose for writing this? a. Why did he write this? b. When did he write this? 3. Paine claims there is “not a single advantage” but can you name one? Two? 4. Paine claims this is “our duty to humanity.” What does he mean by this? Is it “our duty”? a. Arguing for a…

The British government developed a policy of mercantilism in international trade. Mercantilism specifies that in order to build economic strength, a nation must export more goods than it imports. To achieve this, the English Parliament passed four Navigation Acts meant to ensure the proper mercantilist trade balance (See…

rights as well as the ability to self-govern. The guiding principles of the United States would not be present without the efforts of colonial immigrants in the 18th century. While the colonies were originally created as means to support British mercantilism, over time the inhabitants of these colonies began to develop their own sense of nationality and ideas about how a governing body should run. After the French and Indian War, British parliament heightened control over the colonies, which…

Virginia, New York, North Carolina and Rhode Island were the 13 original colonies created by various Englishmen. In order to create those colonies, languages, cultures and religions of the Native Americans were sacrificed. During the 16th century mercantilism was booming which pushed European nations to acquire a lot of land/colonies, in order to send more raw materials back to the motherland. Great Britain was the motherland and they were trying to make the most money as possible of the 13…

Sugar was introduced by Christopher Columbus in 1493 to the islands of the Caribbean. The history of sugar is quite interesting because of its popularity of it back in the day. Now let's ask the question, "What Drove The Sugar Trade?" I want to start off with how the sugar cane is made with, and where is started. According to the background essay in this 12 document handout, it started growing in New Guinea about 9000 years ago. Sugar was being introduced to other countries progressing to the…

In the 1400’s through the 1750’s the age of exploration and discovery was taken place. This was the period of the time where Europeans would try to figure out what is out there in the world and what is there to offer. They didn’t yet know about the New World but they surly did become obsessed. By the early 1400’s the economy of Europe reached its domestic saturation, that which is a economic cant grow any further, it reached its highest point. Through this time there has been many important…

Early in the mid - 1700s there was a battle that took place that played a big role that led up to the American Revolution. It altered the political and economic affairs of the British and the American colonies; thus caused a great change in their relationship. Soon after, leaders who are highly influential in within the colonies rose up expressing a change in their ideology of Britain and the other colonies. This is how war reformed the political, economic, and ideology relationships between…

The Industrial Revolution was a period in which large changes occurred in agriculture, textile and metal manufacture, transportation, economic policies and the entire social structure in England. It was a long, slow process in which production shifted from hand told to machines and in which new sources of power such as steam and electricity replaced human and animal power. The Agricultural Revolution kick started the Industrial Revolution. The inventions of machines to help in farming helped…