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At first, the colonists did not mind the policies; but eventually got fed up with it. The navigation acts had pushed them over the edge, so merchants started to smuggle their goods over to other countries.

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How did the colonists react to mercantilism?

They didn't really care until Britain started to tax them. It ran their economy and paid their bills.


How did Presidents Calvin Coolidge and Herbert Hoover react to the worsening economic situations of the 1920s?

5


How would the U.S. government most likely react to a boom in the economy?

raise taxes to avoid-out-of-control economic growth


The response of businesses and individual to fiscal policy changes is related to what?

The response of businesses and individuals to fiscal policy changes is closely related to their expectations about future economic conditions, including factors like consumer demand and interest rates. Businesses may adjust their investment and hiring decisions based on anticipated changes in government spending or tax policies. Similarly, individuals may alter their consumption and savings behavior in response to tax cuts or increased government benefits. Overall, the effectiveness of fiscal policy hinges on how these agents perceive and react to the changes implemented.


What are the consequences of a planned economy?

There are two general limitations:Inefficient resource distribution: surplus and shortage; The economic planners are unlikely able to accurately predict future supply and demand. Without market forces to adjust demand and supply you will likely end up with inefficiencies in production as a resut of surpluses for goods not wanted and shortages of goods which were desired.Suppression of economic democracy and self-management. Market forces allow entrepreneur and business to react quickly to market forces and ensure that there are less shortages and surpluses.

Related Questions

How did the colonists react to the Britains economic policies?

At first, the colonists did not mind the policies; but eventually got fed up with it. The navigation acts had pushed them over the edge, so merchants started to smuggle their goods over to other countries.


How did the colonist react to Britains economic policies?

At first, the colonists did not mind the policies; but eventually got fed up with it. The navigation acts had pushed them over the edge, so merchants started to smuggle their goods over to other countries.


How did the colonists react to Britain economic policies?

At first, the colonists did not mind the policies; but eventually got fed up with it. The navigation acts had pushed them over the edge, so merchants started to smuggle their goods over to other countries.


How did the colonists react to Britain's economic policies?

At first, the colonists did not mind the policies; but eventually got fed up with it. The navigation acts had pushed them over the edge, so merchants started to smuggle their goods over to other countries.


How did colonists react to Britain's economic policies?

At first, the colonists did not mind the policies; but eventually got fed up with it. The navigation acts had pushed them over the edge, so merchants started to smuggle their goods over to other countries.


What were Britain's colonial policies and how did the colonists react to them?

because they became eqaul


How did the colonist react to Britain's economic policies?

At first, the colonists did not mind the policies; but eventually got fed up with it. The navigation acts had pushed them over the edge, so merchants started to smuggle their goods over to other countries.


How did the colonist react to Britain economic policies?

At first, the colonists did not mind the policies; but eventually got fed up with it. The navigation acts had pushed them over the edge, so merchants started to smuggle their goods over to other countries.


How did the colonist react to the Britain's economic policies?

At first, the colonists did not mind the policies; but eventually got fed up with it. The navigation acts had pushed them over the edge, so merchants started to smuggle their goods over to other countries.


How did the the colonists react to the new British policies Proclamation of 1763 Standing Army and New Texas Why?

they started to boycott


How did the colonists react to Britain's economics policies?

At first, the colonists did not mind the policies; but eventually got fed up with it. The navigation acts had pushed them over the edge, so merchants started to smuggle their goods over to other countries.


How did the colonists react to the coercive acts?

they were jdnjdbj