Although Mercantilism largely served its purpose to enrich the parent country, during the 17th century this policy operated by England rather influenced its 13 colonies both negatively and positively, paving the way for resentment and Adam smith’s capitalistic society to present day. According to mercantilist doctrine, a nation should exercise full control of trade and production leading to a much more garnished and self sufficient economic system. In order to display full direct authority on its assets, English government put forth the acts of Trade and Navigation—that is in other words implying full control on imports/exports and certain goods that were only allowed to be exported to England itself. Although positive economic results would be seen through the perspective of England, these results would be overshadowed by more influential affects on the 13 colonies, politically and economically. Economically, England would directly govern its colonies via the Navigation Acts establishing three major rules.
The merchants were happy to trade with Britain as a policy of Britain was to protect its clients. This protection was given by a fleet of the royal navy which was constantly patrolling the waters of the pacific for any ships that posed a threat to merchants. The British parliament also signed off charters which gave Britain a monopoly of the general market. This included tobacco, string, sugar cane and more. Due to this monopoly, other countries could not produce and manufacture goods.
In a way we could see the Articles of Confederation as a stepping stone to something greater, the United States Constitution. The United States Constitution addressed many of the issues the Articles did not such as regulating currency, collecting taxes, controlling trade, effective voting laws, and a strong executive branch. The failures of the Articles of Confederation led to the Constitution which eventually led to the ultimate success of our nation. The Articles of Confederation was not designed to be the perfect document to lead a nation. Despite its imperfections, the Articles were able to provide the Colonies ability to conduct diplomacy and a sense of colonial unity.
In the years 1890-1914 in America, big businesses had a great impact on the growth of the economy. By the 1890 America was a booming economy due to the Steam Revolution of the 1830’s to the 1850’s, and the railroads supporting the growing US economy. Other factors are a huge number of unskilled and semi- skilled labour, talented entrepreneurs and the government willing to aid at all levels to stimulate economic growth. There are many factors suggesting that it was due to the rise of big businesses. One of them being that big businesses dominated the American economy, due to the chance of vertical integration.
Consequently, this encouraged demand from abroad and wide areas of new trade opened up for Britain to enter. Technological innovation, with the birth of inventions could also account for the growth in industry. Thus it is apparent there are several factors to be considered, concerning the industrial revolution. In any case, the considerable growth of population size in Britain during the eighteenth century, which was stagnant until the 1750s, went from approximately 6.25 million to 10.5 million and provided a prospective labour force, in turn increasing demand for industrial goods. Improved diet and hygiene eliminated disease and housing conditions were enhanced.
Industrial Giant American manufacturing flourished for many reasons, for one new natural resources were discovered and exploited steadily, thereby increasing opportunities. These opportunities, in turn, attracted the brightest and most energetic and expanding population. The growth of the country added constantly to the size of the national market, and protective tariffs shielded that market from foreign competition. The foreign capitals entered the market freely, in part because tariffs kept out so many foreign goods. The first big business was railroads in 1886 by Charles Francis Adams, Jr.
Britain Becomes a Global Power * Location placed England in a position to control trade * England offered a climate favorable to business and commerce and put fewer restrictions on trade then some of its neighbors * Britain was generally on the winning side in European conflicts * The British monopolized the slave trade in Spanish America, which brought enormous wealth to British merchants * England’s territory expanded closer to home In 1760, George III began a 60-year reign- born in England- eager to recover the powers the crown had lost; reassert royal power; wanted to end Whig domination; with the help of Parliament and his “Parliament friends” he began to assert his leadership The Colonies in the Mid-1700s A
\ Choice Reflection Assignment The choices project was a great way to look at an event from different point of views. The option that made the most sense was option four, the fight for independence. It made sense that it was time for America to break its ties with Great Britain. The population of America was growing rapidly and Great Britain was using the thirteen colonies to pay off its debt. The stamp act, sugar act and the Townshend act are all examples of unfair taxing.
Causes of the American Revolution During the time of the settlement of the Thirteen Colonies in around early 17th century, the new rising country was able to prosper with all the new resources they gathered. However, the country itself was not entirely free, as the country still worked under the Crown of Great Britain. Great Britain still treated the folkman as if what they were back at England. However, the “Americans” wanted more freedom, or to be treated in a better way. This need for liberty sparked the desire to repel the British influence away from the colonies and start of with a clean slate, running the whole country by its own country, thus leading to the American Revolution in 1775.
In 1493 Christopher Columbus introduced sugar to the Caribbean islands. During this time sugar was unknown. The British and the French competed for ascendancy over the Caribbean just for sugar. The horrific part was that sugar had to have the perfect conditions for growing. That’s why Jamaica and the Barbados were huge in growing sugar.