Table of Contents
- 1 What laws required the colonists to sell their raw materials to England?
- 2 Why did the colonists ship raw materials back to Britain?
- 3 What regulates the shipping of colonial goods to England?
- 4 How were European economic systems in the American colonies in the 1500s and 1600s?
- 5 What was the purpose of the Molasses Act?
- 6 What were American colonists expected to provide under the British mercantile system?
- 7 What kind of goods did the British trade with the colonies?
- 8 Why did the colonies exist to harvest raw materials?
- 9 Why did the mercantilists want to have colonies?
What laws required the colonists to sell their raw materials to England?
In 1651, the British Parliament, in the first of what became known as the Navigation Acts, declared that only English ships would be allowed to bring goods into England, and that the North American colonies could only export its commodities, such as tobacco and sugar, to England.
Why did the colonists ship raw materials back to Britain?
No great nation could exist without colonies. England needed raw materials that her colonies could supply. Lumber, wool, iron, cotton, tobacco, rice, and indigo were among the products needed in England. British manufacturers in the meantime needed markets for the goods they produced.
What regulates the shipping of colonial goods to England?
The Navigation Acts were a series of laws passed by the English Parliament to regulate shipping and maritime commerce. The Acts increased colonial revenue by taxing the goods going to and from British colonies.
What was mercantilism in the colonies?
Mercantilism was a popular economic philosophy in the 17th and 18th centuries. In this system, the British colonies were moneymakers for the mother country. They put limits on what goods the colonies could produce, whose ships they could use, and most importantly, with whom they could trade.
How did the navigation acts affect the colonial economy?
Navigation Acts prevented the colonies from shipping any goods anywhere without first stopping in an English port to have their cargoes loaded and unloaded; resulting in providing work for English dockworkers, stevedores, and longshoremen; and also an opportunity to regulate and tax, what was being shipped.
How were European economic systems in the American colonies in the 1500s and 1600s?
The correct answer is A) Most European colonies were based on agriculture. European economic systems in the American colonies in the 1500s and 1600s were different from existing economic systems in Europe in that most European colonies were based on agriculture.
What was the purpose of the Molasses Act?
Molasses Act, (1733), in American colonial history, a British law that imposed a tax on molasses, sugar, and rum imported from non-British foreign colonies into the North American colonies.
What were American colonists expected to provide under the British mercantile system?
Under mercantilism, colonies were important because they produced raw materials for the mother country, goods that the country would have to import otherwise (things like grain, sugar, or tobacco). The colonies also gave the mother country an outlet for exports, which increased jobs and industrial development at home.
How did the British Empire administer the economy of its colonies?
How did the British Empire administer the economy of its colonies? By imposing taxes and taking over their trade abilities. There were so many acts that taxed the colonists, such as, the Stamp Act, the Tea Act, and the Quartering Act.
What was the economic policy of the colonies?
The laws reflected the economic policy known as mercantilism, which held that colonies exist for the benefit of the mother country as a source of raw materials and a market for its manufactured goods. On the international scene, the colonies could not escape the great power rivalry between England and France.
What kind of goods did the British trade with the colonies?
The Act also listed “enumerated goods,” raw materials that the colonials could only trade with England or another one of the British colonies and with no one else, especially England’s main rivals, the Spanish or the Dutch. These goods included items like sugar, cotton, tobacco, wood, pitch, and tar.
Why did the colonies exist to harvest raw materials?
Colonies existed to harvest raw materials that the mother country could not produce. The Restraining Acts of 1699 followed the Navigation Acts, protecting manufacturers in England and restricting manufacturing in the colonies.
Why did the mercantilists want to have colonies?
Theory that a country should try to get and keep as much bullion, or gold and silver, as possible. **Mercantilists believed a nation should have colonies where it could harvest raw materials and sell products (England wanted to make money from the colonies).