Mercantilism A nation’s ultimate goal is self sufficiency. All nations are in competition to...

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Mercantilism A nation’s ultimate goal is self sufficiency. All nations are in competition to acquire the most gold.

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Page 1: Mercantilism A nation’s ultimate goal is self sufficiency. All nations are in competition to acquire the most gold.

Mercantilism

A nation’s ultimate goal is self sufficiency.

All nations are in competition to acquire the most gold.

Page 2: Mercantilism A nation’s ultimate goal is self sufficiency. All nations are in competition to acquire the most gold.

Navigation Acts

Colonists want to make a profit to.

This goes against the interests of the mother country.

Page 3: Mercantilism A nation’s ultimate goal is self sufficiency. All nations are in competition to acquire the most gold.

Colonists expected to play a role

• EXPORT:• Lumber• Tobacco• Furs• Fish

• Import:• Furniture• Utensils• Books• China

Page 4: Mercantilism A nation’s ultimate goal is self sufficiency. All nations are in competition to acquire the most gold.

The Glorious Revolution

Page 5: Mercantilism A nation’s ultimate goal is self sufficiency. All nations are in competition to acquire the most gold.

Salutary Neglect

• England relaxes its enforcement of regulations as long as the colonies are economically loyal to the mother country.

• Preoccupied with wars in Europe.

Page 6: Mercantilism A nation’s ultimate goal is self sufficiency. All nations are in competition to acquire the most gold.

Original Colonies

Colonists see themselves as English.

Colonies are distinct places, and do not all share the same interests.

Page 7: Mercantilism A nation’s ultimate goal is self sufficiency. All nations are in competition to acquire the most gold.

WHAT IS THE AUTHOR WARNING AGAINST HERE?

“The time may come…when the colonies may become populous and with the increase of arts and sciences strong and politic, forgetting their relations to the mother countries, will then confederate and consider nothing further than the means to support their ambition of standing on their own legs.”


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1. 5 — Mercantilism

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Causes 1.Mercantilism and Navigation laws – not enforce very hard (salutary neglect). Prohibited economic self-sufficiency 2.Proclamation Line of 1763.

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