History, 07.09.2021 18:40 silverdays1215
“Mercantilism provided the ideas that governed colonial economic relations. These were that colonial interests were subordinate to the mother country, that trade with and of its colonies should be restricted to English subjects, that the surplus products of a colony should be sent to the mother country, and that the trade and resources of a colony should be kept out of the hands of rivals. Colonies were to provide a captive market for English manufactured goods. Monopolizing trade with its colonies could stimulate domestic employment and industry, thereby reducing industrial unrest, poverty, and idleness.”
-Source: Alvin Rabushka, political scientist, Taxation in Colonial America, 2008
10. What correlation does this excerpt have with the passage of laws restricting trade by and with the American Colonies?
11. How does the Navigation Acts support the general argument in the excerpt about how mercantilism governed colonial economic relations?
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