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Mercantilism
Title: Mercantilism
Category: History
Details: Words: 516 | Pages: 2.2 (approximately 235 words/page)
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 …showed first 75 words of 516 total…
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…showed last 75 words of 516 total…the colonies. They benefited economically, socially, and politically. Through the mercantilist theory the colonists gained economic independence and self-government. Colonists found ways to go around the laws and earned their fortunes by smuggling their goods to foreign countries and earned great fortunes. They exported a lot more goods than England and did not always provide a certain market for British goods. Through the attained wealth of the colonists, the mercantilist theory increased the their power.
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