British Mercantilism and its Effects on the Colonies Free Essay, Term Paper and Book Report
British Mercantilism and Its Effects on the Colonies
Mercantilism is the idea that the prosperity of a country is determined by its capital. Mercantilism was at its peak from the 1600s to the late 1800s. Governments got involved in the economy by creating mercantilist policies such as the Navigation Acts. These policies were designed to maximize the countries capital by increasing exports and decreasing imports. The Navigation Acts would have been a disaster for the economy of the British colonies if enforced to their entirety. Mercantilist policies had many good effects on the colonies though. They played a large role in bringing about the separation of England and the colonies, they guaranteed a market for colonial goods in England, and also helped to specialize the colonial economy.
Mercantilist policies were intended to benefit the mother country of England. Almost all policies were meant to undermine the colonies little by little, and of course the colonists realized this. Although most policies were meant to benefit England and not the colonies, the reverse ......
Word Count: 656
Page Count: 2.6 (250 words a page / double spaced)
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