markets and goods to support trade
The main purpose of founding the American Colonies was for the economic benefit and prestige of the mother country, through a system of mercantilism.
growing and selling cash crops
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.
there were many benefits the colonies were supposed to have. They were supposed to increase the nation's economic power
there were many benefits the colonies were supposed to have. They were supposed to increase the nation's economic power
Mercantilism
England believed that the colonies were set up for the benefit of England all the products produced in the colonies should go to the mother country (England) were the products would then be sold back to the colonies for really high prices.
Benefit england...
glaciers pushed soil from new england to the middle colonies
The system of economic policies that had to be regulated to meet the needs of England was primarily mercantilism. This system emphasized that the colonies existed to benefit the mother country by supplying raw materials and markets for British goods, leading to policies such as the Navigation Acts. These laws restricted colonial trade to English ships and required that certain goods be exported only to England, ensuring that profits flowed back to the British economy. Ultimately, this regulation aimed to strengthen England's economic dominance and maintain control over colonial resources.
England hoped to make more money from new spices and furs, also England hoped to become rich and powerful by establishing colonies in colonial America.
They were examples of England's attempts to limit manufacturing in the American colonies in order to make the colonies less able to stand on their own and to benefit manufacturers in Great Britain. Since the colonies were prohibited from producing these items themselves and prohibited from trading with anyone other than Great Britain and its other colonies, they were forced to become more dependent on Great Britain.