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Those in the new continent were unable to make or produce those goods themselves, and had no other way of obtaining them at a "fair" price.

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Q: Why were the British merchants important?
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Continue Learning about General History

Who controlled the trade within the colonies of the British Empire?

wealthy landowners and merchants


Was British control of the American economy good for the colonies?

No. It was a good deal for British merchants and manufacturers but it had no advantage for the American colonists.


Why were wealthy merchants in the lowest class?

because merchants were not as important as the others compared to the emperor ...........604 all day K.D


What are statements about Jay's Treaty?

The British agreed to give up their forts in the Ohio Valley if the Americans paid their debts to British merchants.


To reverse the balance of trade with China British merchants sold to Chinese smugglers.?

Opium

Related questions

Why was the British grant of most-favored nation status important for American merchants?

because the british agreed to to give up thier forts on americans territory


Did the British trade policy upset American merchants?

American merchants complained that the British were keeping Americans out of the West Indies and other British markets that they could make money from.


How did the British merchants reaction to the boycotts reflect the economic importance of the colonies to British?

The merchants agreed not to buy British clothing and other items until Parliament eliminated the new duties.


Why do you think the colonist boycotted British goods?

The colonists boycotted British goods in an attempt to not only boost their own economy, but to show Britain how important the colonies were. The colonists hoped the impact of their boycott on the British economy would rally British merchants to their cause while showing Parliament how important the colonies were.


What did the British merchants want their government to do about the revolution?

British merchants wanted the colonies to be willing to buy their stuff. They'd just want a stop to it and a reinstatement of trade.


Why were merchants important?

they where important because if there was no merchants then the romans would have not had there daily needs like vegetables wine and pottery


How did british merchants respond to the townshend acts?

british refused to pay to house the troops.


The British Parliament enacted currency legislation that was intended primarily to benefit?

British merchants


Why did the british trade policy upset American merchants?

American merchants complained that the British were keeping Americans out of the West Indies and other British markets that they could make money from.


How did British merchants reaction to the boycotts reflect the economic importance of the colonies to Britain?

The merchants agreed not to buy British clothing and other items until Parliament eliminated the new duties.


What is navigation arts?

Restricted colonies to trading only with British Merchants.


In Massachusetts what did merchants use as a way to protect the new taxes?

The merchants weren't interested in protecting taxes and there were British tax collectors officials.