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Nothing before the revolution The British government didn't allow foreign goods into the colonies and those that tried they would add a tax on. The British had a policy of protective trade.
Mercantilism was the European way of life from the 1600s to the 1800s. The idea was to encourage a balance of trade and to economically challenge foreign powers. It was also a counter measure against absolutism. Although much of Europe was a monarchy, complete control of the people in terms of economics was discouraged. Most absolute monarchies were inherited.
Great Britain practiced a policy of mercantilism, where its colonies existed solely to benefit the mother country. This aggressive economic policy, coupled with the Navigation Acts which forced the colonies to engage in trade with Britain only, resulted in a massive deficit of the colonies to the British Crown. Up until the beginning of the American Revolution, most, if not all, of the original thirteen colonies were indebted to Great Britain.
First, we need to define British mercantilist policy. This policy required the colonies 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. By and large, Americans reacted to British mercantilist policy, by blatantly violating it. The colonists engaged in large scale smuggling with their neighbors to acquire other materials and sell goods that were locally-produced. Conversely, several small manufacturing plants were built in the colonies to deal with the shortfall and high expense of British-produced manufactures.
mercantilism
yes it was important
yes it was important
It basically restricted trade
Mercantilism
mercantilism actually help global trade
it was the same as the BritishObviously the the governments of many former British colonies are base on the British system of government and law. That and in some instances influences that came from the original culture and religion.
mercantilism
mercantilism
The Navigation Acts.
Britain used Mercantilism to create a very favorable balance of trade for themselves. Parliament used the policy of Mercantilism to exclusively benefit Britain above anyone else. The colonies were to sell raw materials to Britain, where they would then be manufactured into products to be sold in Europe, and back in the colonies. The arrangement banned the colonists from competing with manufacturing.
Mercantilism was designed to have strict control over its colonial trade so it can good economic strength
Nothing before the revolution The British government didn't allow foreign goods into the colonies and those that tried they would add a tax on. The British had a policy of protective trade.