answersLogoWhite

0

Mercantilism affected them because it was one of the main reasons for the American Revolution. We were told that we could trade with no one but England and we got mad.

User Avatar

Wiki User

13y ago

What else can I help you with?

Continue Learning about Economics

How was the English mercantile system different than French mercantilism?

The English mercantile system focused on establishing a network of colonies that would serve as sources of raw materials and markets for manufactured goods, promoting free trade within the empire. In contrast, French mercantilism emphasized state control and regulation, with a more interventionist approach to trade and commerce. This included heavy restrictions on trade with non-French entities and a focus on accumulating wealth through a favorable balance of trade. Ultimately, the English model leaned towards a more laissez-faire approach, while the French system was characterized by greater state involvement.


Reasons for growth in the American economy from 1720-1760?

Britain had not imposed any tariffs or taxes on the Colonies. After the global war called the 7 year War (French and Indian War in North America) England imposed taxes on the Colonies to pay for the war effort. This led to the colonial rebellion.


How did French mercantilism system work?

System based on the fact that a country benefits by accumulating monetary reserves through a positive balance of trade.


How did French Mercantilism work Please let me know ASAP?

Mercantilism is an economic policy that attempts to gain revenue for the country based on a balance of trade. Typical policies under mercantilism include high taxation and a favor of exporting goods over importing them. Mercantilism was important in France in the 16th century. During this time France's finance minister was Colbert, who led the mercantile movement in the country. The country worked hard to ensure more exports than imports, even to the point of bringing in artists and tradesmen from other countries to make goods in France. During this period, the French government controlled how most of the goods made in the country were produced. France rose to great power under this economic policy.


What are pros and cons of british theory mercantilism?

Pros:New england ship building prosperedincreases the motherlands wealthenglish military forces protected the colonies from potential attacks by the french and spanishchesapeake tobacco had a monopoly in englandCons:colonial manufacturing severly limitedcolonies sell their raw materials cheap to buying the finished product for more moneychesapeake farmers received low prices for their cropscreated negative political effects on british---colonial relations

Related Questions

How did the french indian war affect 13 colonies?

The French and Indian War affected the 13 colonies because the colonies were taxed of the money that was spent by England.


How did the french and Indian war affect the land claims in the colonies?

nd of ohio country


How did french and Indian War affect the British and ultimately the colonies?

The war caused England a great amount of money. They taxed colonies without their opinion about it.


How did the French and Indian war affect the British and and ultimately the colonies?

The war caused England a great amount of money. They taxed colonies without their opinion about it.


How did the French and Indian war affect British and ultimately the colonies?

The war caused England a great amount of money. They taxed colonies without their opinion about it.


Where was the French and Indian War?

The French and Indian War war was in the 13 colonies


How did the French and the Indian war affect the colonies?

It would later cause the Revolutionary War, as the American Colonies would become angry with Britain's attempts to tax them.


How did the French and Indian War affect the Colonists?

After the French and Indian war the colonies were taxed because of the money spent by England. Some of these taxes included the stamp act. This eventually started the American Revolution.


What was Prime Minister George Grenville's opinion of the colonies?

That the colonies should help pay for the French and indian war.


What where the results of the french Indian war to the colonies?

french won lost


What did the french do' After the french and Indian war in the colonies in 1763?

left India


After the French and Indian War in the colonies in 1763 what happen to the French?

they left india