Mercantilism and its effects on the colonies
Title: Mercantilism and its effects on the colonies
Category: /History
Details: Words: 597 | Pages: 2 (approximately 235 words/page)
Mercantilism and its effects on the colonies
Category: /History
Details: Words: 597 | Pages: 2 (approximately 235 words/page)
In retrospect, America was inevitably a revolutionary force from the day of its discovery. America was a home for the latest thoughts and ideas about the nature of society, citizens, and government, and more often then not, conflicting ideas on how to manage the world would potentially create unpleasant surroundings. An example of this was when the British authorities embraced a theory known as mercantilism, that justified their control over the colonies, which would go
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why did the colonists resent mercantilism if they benefited from it? It was the principle of mercantilism that offended them, more so than the actual act.
All in all, mercantilism was a good thing for both England and America in theory. Both reaped the benefits of a guaranteed market and reliance on each other for products. However, in practice, the Americans were justified to resent it because of the long term effects it resulted in.