It basically restricted trade
It restricted their trade.
Adam Smith believed Mercantilism was destructive to the economy because it drew wealth out of the markets and into the hands of the royalty, who spent it on expensive imports and disallowed a little to trickle down to the poor. He wanted freer market policies that would allow all people to start companies and create prosperity for the world.
Each opposes the tax that would have the greatest effect on them.
Why did farmers oppose tariffs? Tarrifs would raise the proces for their goods & they worried that they would not make as much profit. By Kenny A.
Income taxes are usually progressive, so would effect the wealthy the most, while sales taxes would have a greater effect on the poor.
They wanted a glizzy
mercantilism
The mercantilism policy
The colonists did resent the mercantile system because it increased the colonies' wealth because the colonies were in charge of all the commerce. The colonists felts this gave the colonies too much power and control.
It restricted their trade.
They opposed the Revolution. (Loyalists were loyal to Britain.)
In a mercantilism system, colonies were expected to serve the colonial power. Grenville reasoned that the colonists would not oppose small tax increases.
In a mercantilism system, colonies were expected to serve the colonial power. Grenville reasoned that the colonists would not oppose small tax increases.
In a mercantilism system, colonies were expected to serve the colonial power. Grenville reasoned that the colonists would not oppose small tax increases.
They made the intolerable acts to oppose the british taxes, they Used the Quartering Act, Stamp Act.
They wanted a glizzy
dicks nuff said