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mercantilism
Essay specific features
Written by:
Kenneth H
Date added:
June 26, 2015
Level:
University
Grade:
A
No of pages / words:
4 / 911
Was viewed:
7100 times
Rating of current essay:
Essay content:
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...
displayed 300 characters
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The first extensive code of mercantile regulations was the Acts of Trade and Navigation which established three main rules for colonial trade. First being trade between the colonies and England could only be transported on English or colonial-built ships, operated by English or colonial crews; second that all goods, excluding some perishables, could only pass through English ports; third, certain enumerated goods from the colonies could only be exported to England, including tobacco and sugar...
displayed 300 characters
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