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Q: Was Mercantilism a protective British trade policy?
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Continue Learning about General History

What goods came from the Americas?

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.


What was the impact of the British policy of mercantilism?

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.


What colonies were in debt to England through trade?

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.


What was the American reaction to mercantilism?

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.


The idea that trade with colonies would enrich the mother country is known as?

mercantilism

Related questions

True or false Mercantilism was a protective British trade policy?

yes it was important


True or false mercantilism was a protective british trade route policy?

yes it was important


Why did many American colinists oppose the british policy mercantilism?

It basically restricted trade


The British policy of sought to control trade promote exports and encourage the inflow of precious metals into England?

Mercantilism


How did the policy of mercantilism affect global economies?

mercantilism actually help global trade


What political influences shaped the governments of British colonies?

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.


England controlled the external trade of the colonies under which policy?

mercantilism


England controlled the external trade of the colonies under the policy of?

mercantilism


What was the name of the british laws that restricted trade trade to and the colonies?

The Navigation Acts.


What did the british parliament use the policy of mercantilism for?

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.


The british system of mercantilism was designed to?

Mercantilism was designed to have strict control over its colonial trade so it can good economic strength


What goods came from the Americas?

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.