Mercantilism
In attempt to gain wealth and power, Great Britain started to enforce the theory of mercantilism. Their motive was to increase their prosperity using their colonies. They expected the colonies to provide them with goods and to only buy British goods in return. As a result of this attempt, the colonies were actually the ones who were benefiting from mercantilism the most. The colonies benefited economically, socially, and politically. Due to the Navigation Laws, the English were restricted only to trade with England, which lead the colonists to smuggling for profits. Americans enjoyed the rights of pure Englishmen. The colonists gained opportunities to form self-governments. Due to the Navigation Laws, the English were restricted only to trade wi
Through the attained wealth of the colonists, the mercantilist theory increased the their power. Americans were not required to pay a tax for their military support unlike the English people. Colonists found ways to go around the laws and earned their fortunes by smuggling their goods to foreign countries and earned great fortunes. American planters also profited by trade with England through their monopoly over the tobacco market in Britain. Great Britain did not want the colonies competing with the English industry. Many found ways to get around the laws by smuggling their exports to foreign countries and earned a great fortune. The colonists were allowed the same rights of those in England, although many things were different in America. England gave unity to its policies and was working to help the welfare of the whole empire. Even though England formed a "royal veto" which vetoed all the laws that conflicted with the British regulations, these assemblies were still the beginning of the colonies self-government and independence from Great Britain. They benefited economically, socially, and politically. The mercantilist theory supported the colonies better. In order to control foreign markets sea power was necessary. Britain expected the colonies to provide ships, ships' stores, sailors, and trade to guarantee their naval supremacy. They exported a lot more goods than England and did not always provide a certain market for British goods. th England, which lead the colonists to smuggling for profits.
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