0
The people who benefited the most in the colonies from mercantilism were cash crop growers, such as cotton, tobacco, and sugar farmers throughout the New World since they had a constant and massive market for their products. A secondary group that benefited indirectly from mercantilism were smugglers since their entire business sprung up as a way to circumvent the mercantilist restrictions on trade. Smuggling was very lucrative.
What else can I help you with?
What was one advantage of mercantilism as a British colonist?
One advantage of mercantilism for British colonists was the guaranteed market for their goods within the British Empire. This system provided a steady demand for colonial products, such as tobacco and sugar, which helped stimulate economic growth and development in the colonies. Additionally, colonists benefited from the protection of the British navy, safeguarding their trade routes and ensuring the security of their exports. Overall, mercantilism fostered a sense of economic stability and opportunity for British colonists.
What was the colonists reaction to mercantilism?
They didn't like it because it was taxing the colonists
How can mercantilism be used in a signifance sentence about colonial life?
Britain had something to do with mercantilism, and they used the colonists to benefit themselves.
Why did the colonists oppose Britain's mercantile policies mercantilism?
It restricted their trade.
Who benefited the most and least from mercantilism?
Under mercantilism, the nation-state benefited the most, as it aimed to accumulate wealth through trade surpluses and the establishment of colonies, which provided raw materials and markets for finished goods. Wealthy merchants and colonial powers also gained significantly from these practices. Conversely, the least benefited were the colonized populations, who often faced exploitation, resource depletion, and economic dependency, as well as the lower classes in the home countries, who frequently bore the burdens of war and taxation to support imperial ambitions.
What was one advantage of mercantilism as a British colonist?
One advantage of mercantilism for British colonists was the guaranteed market for their goods within the British Empire. This system provided a steady demand for colonial products, such as tobacco and sugar, which helped stimulate economic growth and development in the colonies. Additionally, colonists benefited from the protection of the British navy, safeguarding their trade routes and ensuring the security of their exports. Overall, mercantilism fostered a sense of economic stability and opportunity for British colonists.
What was the colonists reaction to mercantilism?
They didn't like it because it was taxing the colonists
Why did the colonists fight the American Revolution?
Mercantilism.
How can mercantilism be used in a signifance sentence about colonial life?
Britain had something to do with mercantilism, and they used the colonists to benefit themselves.
What placed trade restrictions on the colonies. England benefited from these trade restrictions. What term describe this?
This is mercantilism.
Who benefited from the first continental congress?
Ultimately it helped create the US, so the then colonists in general benefited.
Why did the colonists oppose Britain's mercantile policies mercantilism?
It restricted their trade.
How did the colonists respond to the British system of mercantilism?
They began to smuggle goods into and out of the country
The British system of mercantilism was opposed by many American colonists because it?
user-generated content: report abuse The British system of mercantilism was opposed by many American colonists because it? they had tasted economic independence for too long of a period just to sink back to british mercantilism policies
Why did colonists dislike mercantilism?
because it was in favor of the British Mercantilism was the economic philosophy underlying early European colonial policy. The object of mercantilism was to increase the wealth of the Mother Country (England) in gold and silver.
Why was the british system of mercantilism opposed by American colonists?
because is placed quotas on immigration
How did mercantilism cause the American revolution?
American colonists thought British taxes were unfair.
