Impact of Mercantilism on Colonial Trade

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The Impact of Mercantilism on Colonial Trade Mercantilism impacted colonial trade because it changed the way the Americans could import and export. Mercantilism demanded that for economic strength to develop, a nation needs to export more than it imports. The English passed regulatory laws that benefited the British economy. These laws made a trade system were the Americans shipped raw goods to Britain, and Britain used the raw goods to make manufactured goods that were sold in the European markets and at the colonies. Since they only supplied raw goods, the colonies could not compete with Britain in manufacturing. British mercantilism showed itself in the form of the triangular trade. The trade routes linked the American Colonies, West Indies, Africa, and England. Each port gave shippers a reward and a new cargo. New England’s rum was shipped to Africa and traded for slaves, and then they were brought to the West Indies and traded for molasses and sugar, which went back to New England. Other raw goods were shipped from the colonies to England and they were traded for a shipment of manufactured goods. Mercantilism and the triangular profited for English tradesmen and ship builders greatly, but in the Southern Colonies the economies suffered. The triangular trade also started a rise in the slave population and increased the merchant population which resulted in a class of wealthy elites that took over the trade and politics through the colonies. Mercantilism benefited the British very much, but it limited what the colonies could and could not do. They ended up having laws and acts dictate what they do and they

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