The object of mercantilism was to minimize imports that cost the nation money, and maximize exports that made the nation money. Colonies were a means of reducing England's dependence on foreign nations. Each colony would provide a raw material to England and this would allow the nation to not have to purchase that product from another nation. By establishing colonies loyal to the Crown, Great Britain would be expanding a dependable market for the finished products coming out of British industries. The Navigation Acts required that all colonial trade be carried in vessels built and owned by English or colonial merchants. The ships had to be manned by crews composed of British seamen. The Acts also required that European nations must sell products to the colonies by first stoping at English ports where they would have to pay a customs duty (tax). The products were checked and then were permitted to travel to the colonies. All products had to go through these ports controlled by England. This made the cost of the product more expensive but protected the trade of Great Britain. Certain materials from the colonies could only be shipped in British or colonial ships and had to be sent to England first. The product was then taxed and allowed to be sent to its destination in whatever European nation. Colonial products could not be shipped directly to any foreign nation.
The differences between mercantilism and cameralism are highlighted by the varying political realities in Western and Central Europe.
khk
laissez-faire has no control by the government, while mercantilism is an economy controlled by the government
Mercantilism and Capitalism both have to do with the economy and making money. and they both have people getting benefits from them the entrepenuers and the monarchs
Sort of. Mercantilism was in some ways a form of a more primitive capitalism, though important differences between the two justifies distinguishing between them and treating them separately to a limited extent.
Jigerboo!
because of you being low head person .
The outcome could strain relations between the British and the American Colonists if the colonists feel resentment towards British authority for unfavorable decisions. However, if the outcome is favorable, it could strengthen relations by fostering greater trust and cooperation between the two parties.
Jigerboo!
Jigerboo!
Jigerboo!
Jigerboo!
Jigerboo!
According to mercantilism, the colonies were required to engage in two general behaviors: (1) The colonies were locked into exclusive trade between the colonies and the metropole and were not allowed to trade with any other nation or colony. (2) No manufactures or complex goods could be made in the colonial territory. As a result the colonies would provide wealth to the metropole by trading their natural resources for less than they would be worth and by buying manufactures for much more money.
Over the years,the colonists began to depend on their own government for leadership.
The American Revolution was the war between the thirteen colonies and British mercantilism.
The differences between mercantilism and cameralism are highlighted by the varying political realities in Western and Central Europe.