• Theory of Mercantilism
    "mercantile system". The word "mercantilism" was introduced into English from German in the early 19th century. The bulk of what is commonly called "mercantilist literature" appeared in the 1620s in Great Britain.[6] Smith saw English merchant Thomas Mun (1571–1641) as a major creator of the mercantile...
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  • Mary Rowlandson's Indian Captivity Account
    so much internal conflict within the colonies? Why so little stability? -A political system was created that did not respond to popular pressure and increasingly resisted British control. Only members of the colonial elite were in powerful assemblies. Many in office descended from the same 3 or 4...
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  • History of West Africa
    importation of slaves to Spain’s colonies in America. -The plantation system for growing sugarcane had originally been developed in various Mediterranean Islands and in Southern Spain and Portugal in the 14th and 15th Centuries -The slave labour used in the plantations in Principe & Sao Tome was...
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  • Reading Key
    . Mercantilist Trammels on Trade Know: Navigation Laws, Royal Veto 83.How did Parliament enact the theory of mercantilism into policy? The Merits of Mercantilism Know: Salutary Neglect, John Hancock, Bounties 84. In what ways did the mercantilist theory benefit the colonies? The Menace of...
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  • History Stuff
    mercantilism, which looked upon trade, colonies, and the accumulation of wealth as the basis for a country’s military and political strength. According to mercantilist doctrine, a government should regulate trade and production to enable it to become self-sufficient. b) There were three positive effects...
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  • Compare Contrast
    businesses that dominate their respective industries. Mercantilist wealth is measured in gold bullions while capitalist wealth is measured in economic growth. Mercantilism was created prior to capitalism and was not dominant in the 17th and 18th centuries, while capitalism emerged in the 19th century to...
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  • TERMS
    philosophy or practice in which England established the colonies to provide raw materials to the Mother Country; the colonies received manufactured goods in return. Navigation Acts- Passed under the mercantilist system, the Navigation Acts (1651-1673) regulated trade in order to benefit the British...
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  • History
    claiming that the slave trade basically led the British industry to rise, and all other trading systems left no competition to British industry because, soon enough, all other major empires became dependent on Britain’s manufactured goods. “In 1690, the sugar colonies employed 114 ships, of 13,600 tons...
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  • Rsm100 Required Readings Summaries
    a system of justice * Smith’s two books paint radically different pictures of human nature: one based on sympathy and social resp., and the other based on self-interest and greed III. Stagnation, Policy Ruts and Free Trade * In 18th century, mercantilists (stress on foreign trade...
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  • The Empire at Home
    Spaniards’ use of slaves in the production of sugar. Despite the moral and humanitarian questions always brought up at the mention and study of slavery, it must be admitted that at their conception, the British colonies needed slaves to function. Under the mercantilist philosophy of the day, slaves...
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  • Apush Study Guide
    wealth. | | | | | | 9 | The headright system adopted in the Virginia colony?: | | NO! | | determined the eligibility of a settler for voting and holding office. | | NO! | | toughened the laws applying to indentured servants. | | NO! | | encouraged the development of urban centers...
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  • Mercantilist Relationship Between the American Colonies and the British Government
    Mercantilist Relationship between the American Colonies and the British Government Randi Roselle BE/HS 310-03 Professor W.M. Gorman February 13, 2012 Mercantilism is an economic policy and theory where the government has complete control of trade, both foreign and inside boundaries. This...
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  • Mercantilism
    friction with the inhabitants of these colonies, and mercantilist policies were one of the major causes of the American Revolution. Over all, however, mercantilist policies had an important effect on Britain helping turn it into the world's dominant trader, and an international superpower. One domestic...
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  • Apush Decade Organizer
    for the Colonial period: 1600-1650, 1650-1700, and 1700-1750s After the 1750s, use normal decades 1760s, 1770s, 1780s, etc. |1. |"Long hot summers" |Marked a historic shift from the era of sit-ins and non-violent marches, of songs and prayers, to the era of ghetto rioting...
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  • Us History
    colony in Virginia during the 17th century was the… The purpose of the Treaty of Tordesillas was… During the 1760’s and 1770’s the most effective American tactic in gaining the repeal of the Stamp and Townshend Acts was One of the purposes of the 1773 Tea Act was… During the American War...
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  • History
    alone and did not enforce English laws. It lasted for over 100 years and allowed the American colonies to develop their own governments. 7. Describe the headright system. The headright system was a method of giving 50 acres of land to new settlers in Virginia. A person got 50 acres for...
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  • The Industrial Revolution in Gb
    ' in the 1780s and was not fully felt until the 1830s or 1840s, while T. S. Ashton held that it occurred roughly between 1760 and 1830. The effects spread throughout Western Europe and North America during the 19th century, eventually affecting most of the world. The impact of this change on society...
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  • Mercantilism
    , competitive nation-states. Other contributing factors were the establishment of colonies outside Europe; the growth of European commerce and industry relative to agriculture; the increase in the volume and breadth of trade; and the increase in the use of metallic monetary systems, particularly gold and...
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  • Ch. 5-8 Study Guide
    North America. As they continued to expand, they encountered the British colonies and were willing to fight for the economic benefits of the colonies. The four colonial wars erupted when the French wanted to be apart of the mercantilist system between the colonies and Britain. The exchanging of...
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  • East Asia in Modern World
    Intense rivalry and completion among states State building Warfare Rise of mercantilism Need for money Money meant for power Compete with other states for wealth European colonial expansion Columbus “discovers” America 1492 Mercantilist state and colonies Colonies provide natural resources...
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