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Mercantilism

Mercantilism is an economic theory where a nation's strength comes from building up gold supplies and expanding its trade. Britain formed the American colonies so that they could increase their gold stores. They wanted raw supplies to make into products to sell and make money. They wanted America to pay taxes so that Britain could make money. America used the theory in that they thought they ought to, in order to be strong expand their trade beyond Britain. Countries like Belgium, and France wanted to also increase their trade, and expand it to trading with America. They also wanted to increase their gold stores by trading with America. Britain however did not want America to trade with France and Belgium and the Netherlands because they wanted to increase their gold stores, so they needed a monopoly over American trade. So there was tension between Britain and its American colonies.

One of the first efforts made by Britain to control the American colonies was the Acts of Trade and Navigation. What these acts did was limited American trade to basically just Britain. These Acts were in place between 1650-1660 and they were there to ensure that the mercantile system that existed stayed. It was mainly to prevent the Fre


However the colonists couldn't blame the King because they wanted dominion status. They couldn't blame parliament because parliament was supposedly on their side of things. So this tyranny was called "ministerial tyranny" for the blame of it was put on the British ministers who had been persecuting them all along, and doing the king's dirty work.

This American Revolution that was to result was one of "national self-determination" being that we can. We think we can, and in ourselves as a nation we can stand alone, free of Britain. We determined this by a series of occurrences that all resulted, through our mercantilist ideas and thoughts, eventually in us being America.

nchmen and Dutch from receiving American goods. The acts limited American shipping to be via Britain. The British had to receive all American goods and them their merchants would sell the goods to other countries, but America could not. Any goods that were to be imported to the colonies had to be passed through British middlemen, where a tax was added so that Britain would profit. America was also forbidden to produce goods or grow crops for profit. If they were to do that then they would be competing with British industries. The colonies were supposed to also buy more than they sold, so that their currency was drained, but all to Britain.

As we began to rebel we did so in many ways slowly escalating to Revolution, The American Revolution by our terms. We started by a simple dissent towards the Sugar Act, where Britain put a tax on sugar in 1764; it was the first enforced tax. The poll tax was never enforced, however the British decided that if they were to supply America with troops then they ought to get some payment for, other that having the Englishmen of Britain pay for it. Then came the Currency Act, where Britain was trying to drain the colonies of all their moneys. The Stamp Act came next, to which we protested in a violent manner. The protest however was not so much against the actual act, or against even British rule, but against Taxation without Representation, but more so was it protest against the general principle, all we wanted from Britain was dominion status. We didn't want representation in parliament, but to be able to make our own rules. In 1765 the British established the Quartering Act, where the Americans had to house and feed the British Troops that were in America. The Americans saw this as contrary to the Rights of Englishmen that were established in such famous documents as the Magna Carta, or the Great Charter. The Declaratory Act in 1766 was a retreat by parliament, it was a reaction by Britain to the American action, which was a reaction to Britain's action... and so on and so forth. Next came the Townshend Act in 1768, which placed a small tax on everyday items, Britain also reorganized its

Some common words found in the essay are:
Trade Navigation, British Navy, Britain British, , America British, American Revolution, Massachusetts Protestants, Act Britain, Townshend Act, Commitees Correspondence, increase gold, increase gold stores, american trade, trade navigation, gold stores, american colonies, acts trade, geographic location, people middle, british troops, american revolution, acts trade navigation, people middle colonies, acts limited american,
Approximate Word count = 1900
Approximate Pages = 8 (250 words per page double spaced)


  

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