mercantilism and the english...
TRANSCRIPT
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Mercantilism and
the English Colonies
Triangle Trade A. As trade flourished
between the Old World and the New World, a trade network known as the triangular trade system developed
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The Triangular Trade System
Mercantilism and the Colonies A. Like other European
nations, England believed that its colonies should benefit the home country
B. Under the idea of mercantilism, a nation becomes strong by keeping strict control over its trade
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Mercantilism and the Colonies C. Mercantilists
believed that a country should export more than it imports
The Navigation Acts A. Beginning in the
1650s, the English Parliament passed a series of laws called the Navigation Acts
B. These laws regulated trade between England and its colonies
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The Navigation Acts C. The purpose of the
Navigation Acts was to ensure that only England benefited from trade with its colonies
D. Under the laws, colonial ships could only sell their goods to England
The Navigation Acts E. Many colonists
resented the Navigation Acts because the laws favored English merchants and the Mother Country of England