AP Biology
Mercantilism - Mercantilism is the idea that if countries wanted wealth andpower, they need gold and silver. It also stated that a country should gain colonies to gain a favorable balance of trade. Mercantilism dominated Europe and the colonies. This was the European economic system. The idea was to become self-sufficient (which meant not to need to import the necessities. Favorable balance of trade - Export more than you import. Trade deficit - Import more than you export. Colonies supplied raw materials and supplies to the mother county.
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Some common words found in the essay are:
Mercantilism Mercantilism, Navigation Acts, Courts Smugglers, Taxation Representation, Rebels Whigs, Neglect Britain, George Grenville, British King, Quebec Act, Canada British, colonial population, percent colonial population, quebec act, favorable balance, colonial ships, percent colonial, complete break, admiralty courts, balance trade, imports britain, navigation acts, favorable balance trade,
Approximate Word count = 461
Approximate Pages = 2 (250 words per page double spaced)
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