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The Colonial Role in the Mercantile System (1650-1773): A Tradition of Neglect. The Colonial Economic Model. urope. ercantilism. ercantilism. During the 16 th and 17 th centuries, the countries of E______ competed for wealth and power.
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The Colonial Role in the Mercantile System (1650-1773):A Tradition of Neglect
The Colonial Economic Model urope ercantilism ercantilism • During the 16th and 17th centuries, the countries of E______ competed for wealth and power. • A new economic theory, called M__________, evolved from this competition. • The theory of M__________ believed that a country could increase its wealth through: 1) obtaining g____ and s____ and 2) having a favorable b________ of t_____. • Colonies could help the mother country gain a favorable balance of trade by providing r___ m________ and m________ for goods without giving money to their enemies. old ilver alance rade aw aterials arkets
aws Enforcing Mercantilism arliment 51 avigation cts avigation cts • Any system of trade needs l____, or regulations, to make it work effectively. • The English P________, the country’s law-making body, began to make laws enforcing mercantilism as early as 16___. • A series of laws known as the N__________ A____ were passed to strictly control colonial trading practices. • Some N________ A____ included: • Trade from the colonies could only pass on E______ ships. • ___% of the crew on trading ships had to be English. • Certain products (Enumerated goods) could only be traded with England. • All trade to the colonies had to pass through English p_____ first. nglish 75 orts
Resisting the Mercantile System muggling ay asschusetts How might these regulations hurt the Colonists? • Resentful of the trade regulations, many colonial merchants became to break these rules by s_________ goods or refusing to p__ new taxes. • M____________ became a center of early colonial resistance. They claimed that their system of self-government and charter did not require them to follow the rules of P__________. • In 1684, King of England revoked the ch_____ and in 1685 the D_______ of New England was created. • King James II appointed Sir E_______ A______ aggressively enforced the Navigation Acts from Massachusetts to New Jersey. arliment arter ominion dmund ndros
dmund ndros A Tradition of Neglect ames ercantilism alutory eglect • E______ A_____ created a lot of tension between the colonists and the mother country. • When J_____ II was overthrown in England, so was his friend Andros in the colonies and the Dominion fell. • Responding to the problems of enforcing m_________, many members of Parliament advocated for a policy of s_______ n_______. • This policy informally ended the st_____ enforcement of the N___________ A____ on the colonists. What might be the benefits of salutary neglect? rict avigation cts