Mercantilism
...An economic philosophy advocating that countries should simultaneously encourage exports and discourage imports.
1776 (mercantilism) Adam Smith
1621 all Virginia tobacco was to be brought to England
1642 Members raised an army
1649 Chopped off Charles I head
England went 11 years w.o a king
in his place- Oliver cromwell (1649-1658)
Archbishop Laud
told to govern colonies by Charles I 1633
1640's English Civil War
Oliver Cromwell tried to persuade pl to move to the West Indies for sugar & tropical goods
Led to war with Dutch
1655 Only captured Jamaica
Navigation Acts (ensurance the mother country would benefit)
1.) Forbade all trade with colonies except in ships owned and constructed there or in England
2.) Forbade the transportation from the colonies to any place except England or another English colony ( sugar, cotton, indigo, dyewoods, ginger, and tobacco)
3.) Forbade the transportation of European and Asiatic goods to the colonies from any place except England
Act of 1705
placed bounties on their production and exportation to England
Wool Act 1699
forbad export from the colonies of certain textiles manufactured
Hat Act 1732
forbad export of colonial made hats
Iron Acts 1750
forbade the creation of anymore colonial iron mills
The Dutch
built the largest merchant fleet known
- controlled lumber trade from the Baltic
- fisherman dominated
Found New Netherlands
surrendered colony
Restoration of Colonies
Proprietors- large amount were friends of the king
hoped to grow rich from the sale of their lands and annual fees that they charged settlers
New colonies resembled Maryland
few came form England
Dutch and Swedes - new netherlands
more came from Scotland germany ireland and france
New York
Kiliaen Rensselaer
patroonships
Dutch West India Company( governed...
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