SETTLING NORTH AMERICA 1497 1732
THE 13 COLONIES LIFE IN EARLY AMERICA
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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placed quotas on immigration
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placed restriction on trading
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discouraged the export of raw materials to England
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encouraged colonial manufacturing
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Detailed explanation-1: -Mercantilism led to the adoption of enormous trade restrictions, which stunted the growth and freedom of colonial business.
Detailed explanation-2: -Why did many American colonists oppose the British system of mercantilism? It reduced their ability to make money and their freedom to trade with whoever they wanted.
Detailed explanation-3: -Mercantilism was a popular economic philosophy in the 17th and 18th centuries. In this system, the British colonies were moneymakers for the mother country. The British put restrictions on how their colonies spent their money so that they could control their economies.
Detailed explanation-4: -The British began regulating colonial trade to maximize profits under the mercantilist system in the 1660s. The King forbade direct exportations to rival markets. For example, tobacco from Jamestown had to be shipped to England first, where it could be taxed, before it could be sent on and sold elsewhere.
Detailed explanation-5: -British Colonial Mercantilism Controlled production and trade: Mercantilism led to the adoption of far-reaching trade restrictions, which stunted the growth and freedom of colonial businesses. The expansion of the slave trade: Trade became triangulated between the British Empire, its colonies, and foreign markets.