Mercantilism and the American colonies

Question 1: Define the Mercantilist system and its effects on the colonies proir to 1760. Also explain the initial colonial reaction to this system

Solution Summary

This solution deals with the imposition of economic order in the British Empire. Specifically, the limitation and encouragement of economic activities in the American colonies is discussed, with an objective view of the effects on production, trade and general development of the burgeoning American economy.