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Word Count: 505
American Revolution Mercantilism - Mercantilism is the idea that if countries wanted wealth and power they need gold and silver It also stated that a country should gain colonies to gain a favorable balance of trade Mercantilism dominated Europe and the colonies This was the European economic system The idea was to become self-sufficient which meant not to need to import the necessities Favorable balance of trade - Export more than you import Trade deficit - Import more than you export Colonies supplied raw materials and supplies to the mother county Colonial exports to England -Tobacco -Sugar -Lumber -Fish -Grain -Fur -Rice Colonial imports from Britain -Finished goods -Furniture -China -Iron utensils -Books The loosening of ties between Britain and America started in 1688 during the Glorious Revolution when William and Mary took the throne Salutary Neglect - Great Britain was neglected the colonies They loved this freedom The colonies like doing things their way The colonies started to trade with France Spain and other countries beside Britain Prime minister George Grenville wanted to stop the colonies from trading with other countries because Britain was in debt after the Seven Years War He strictly enforced the Navigation Acts Navigation Acts In matters of trade the colonist must -Transport their goods only in British and colonial ships -Export enumerated listed articles such as tobacco sugar indigo and furs only to Britain -Purchase their imports from Britain or when colonial ships brought these goods from Europe to stop at a British port and pay import fees -All vessels had to be manned by crews that were 34s colonial or British Admiralty Courts - Smugglers had to be tried be admiralty courts An admiral court is a military court in the interest of judge to find people guilty because he would get 5 of things that were confiscated Writs of assistance - A blanket warrant
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