Essay On Mercantilism

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This is also an example of mercantilism. These trades were between the st Salvador,French and British territory. These trades with Salvor still were happening still but the British were just so out of it.There was nothing to be said to them.The NA wasa act put on the new Americans. These people were one of the main keys of making a new country. There was a lane made on sea for shipments and all of this security was leaded by the British Navy. This system held back many people still trying to trade with British colonist. Theres was also a good time of war on parliment well not a full war but a community war.So what the citezens did was they attacked the parliment in order fo the colonist to be able to trade agian because that is how the people made money. The …show more content…
The purpose of the Navigation Acts was Amazing: to protect British shipping against competition from the foreign places, and to please British merchants a money on colonial parties such as tobacco and sugar. The Navigation Acts came about in the context of mercantilism, the dominant economic system of the time among the European powers. According to mercantilist thought, a nation could measure its wealth in bullion, or its accumulated supply of gold. According to conventional wisdom, because there existed a finite supply of gold in the world, there also existed a finite supply of wealth. An imperial power acquired colonies for the purpose of expanding its wealth—such as through the discovery of gold, but also through the production of natural resources, which colonists would ship to the mother country, where manufacturers would process these raw materials into wealth-producing finished products. According to the mercantilist economic model, therefore, a system of open trade could only result in the loss of wealth. To retain material wealth in the imperial realm, a trading power had to

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