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Advantages and Disadvantages of Mercantilism

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Steph S

on 22 September 2011

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Transcript of Advantages and Disadvantages of Mercantilism

Advantages and
Disadvantages of
Mercantilism By Stephanie S. Advantages of Mercantilism - Conlonial traders had a sure market for their goods in England. - The law contributed to a booming shipbuilding
industry in New England. Disadvantages of Mercantilism As the conlonial trade expanded,
the colonists came to resent the
Navigation Acts.
In their view, the laws only favored
the English Merchants.
Some of the Colonists thought that if
they got around the Navigation Acts by
smuggling they'd make more money. The Navigation Acts (1) Shipments from Europe to English colonies
had to go through England first. (2) Any imports to England from the colonies
had to come in ships built and owned by
British subjects. (3) The colonies could sell key products, such
as tobacco and sugar, only to England.
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