WORLD HISTORY

EMERGENCE OF USA

FOUNDATION OF AMERICAN COLONIES

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
In its economic relationship with its North American colonies, Great Britain followed the principles of 18th century mercantilism by
A
Outlawing the African slave trade
B
Limiting the colonies’ trade with other nations
C
Establishing laws against business monopolies
D
Encouraging the development of manufacturing in the colonies
Explanation: 

Detailed explanation-1: -The British put restrictions on how their colonies spent their money so that they could control their economies. They put limits on what goods the colonies could produce, whose ships they could use, and most importantly, with whom they could trade.

Detailed explanation-2: -Under mercantilism, colonies were important because they produced raw materials for the mother country, goods that the country would have to import otherwise (things like grain, sugar, or tobacco). The colonies also gave the mother country an outlet for exports, which increased jobs and industrial development at home.

Detailed explanation-3: -They could simply get them all through triangular trade. British goods were traded for slaves on the African coast, who were shipped to America and traded for the raw materials. Even though the colonies existed to enrich the mother country, they each had an internal economy as well. This, too, revolved around trade.

Detailed explanation-4: -Relations with Britain were amiable, and the colonies relied on British trade for economic success and on British protection from other nations with interests in North America.

There is 1 question to complete.