1. Merchantilism in 1700
It is almost a assured fact that the English colonies in North America were created for the sole benefit of their mother country and that if there were no benefits of natural resources and expansion of an Empire or competition with rival nations then England would have withdraw their forces and interests. Considering this, England would create an economic system of mercantilism, which would favor Great Britain only and would hurt the colonies in developing their own. During the 18th Century England had established an economic policy of mercantilism with its new Colonies. ... As it is now cle...
- Word Count: 384
- Approx Pages: 2
- Grade Level: Undergraduate