They forced the colonies to trade only with them, as dictated by the Navigation Acts and the mercantile system. The colonies were forced to trade in what was the best interest of the mother country, rather than what was in the best interest of themselves. This system always guaranteed a market for their products, but a market that was not always the most beneficial... displayed 300 characters
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This system always guaranteed a market for their products, but a market that was not always the most beneficial. The colonies could always depend on the British buying their goods, but they were denied the right to trade to other European countries that might pay more for the same goods. This also worked the other way... displayed next 300 characters
The first time a Parliamentary imposed tax threatened the livelihood of the colonies was in 1733 with the Molasses Act, stemmed from the loss of profit for the British West Indies under the Navigation Act...
Colonists benefited when they exported to Europe because competing goods were subject to tariffs, theirs were not. On the other hand, colonists paid more than they otherwise would have for imports from foreign countries because they had to be shipped through England and undergo English taxation...
The only positive effect of this act was that English military forces protected the colonies from potential threats from rivaling countries. Similar acts to those of trade and navigation, such as the Staple Act of 1663, the Duty Act of 1673, and the Wool Act of 1699 limited trade of goods such as indigo and wool and forced the payment of duties...
The theory of the mercantile system is to keep the home country strong and the colonies dependent upon their home country. Under the mercantile system, the colony provides raw materials for the home country and the home country provides manufactured goods for the colony...
officials, and defense of the colony.
Economic poicies also caused tensions between England and the colonies. In the 1660s the English Parliament's Navigation Acts mad it illegal for colonial merchants to sell certain goods to other nations...
While this system had its benefits, it placed harsh restrictions on who the Americans could trade with. For example, as directed by the Navigation laws, Virginia tobacco planters who played by the rules could only sell their products to England, even if other countries were offering a higher price...
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