mercantilism

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Title: mercantilism

Essay Details:

Subject: American History

Author: Rocky H

Date: August 31, 2015

Level: University

Grade: A

Length: 4 / 911

Essay text:

Possession of colonies provided the countries with sources of raw materials and markets for their manufactured goods. This system had political and economical repercussions on the inflicted because it inspired many new laws and acts for the colonies, and it restricted the colonies trade to England, reducing the revenue that the colonies received. The thirteen colonies were influenced by the mercantilism policy of England due to the numerous trading prohibitations and taxes that were placed on them and the goods they trafficked. The first extensive code of mercantile regulations was the Acts of Trade and Navigation which established three main rules for colonial trade...

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