William+A.&Megan

=**__Mercantilism-__**= =A policitcal and economic system that arose in the 17th and 18th centuries.= =It __purports__ that a country's **economic** **strength is directly related to the maintainence**= = =
 * of a positive balance of trade.**

=[|www.referenceforbusiness.com/encyclopedia/Man-Mix/Mercantilism.html]=

=__How did the British economic policy of Mercantilism affect the colonist?__=


 * d
 * d

=__Thinking points:__=

What were the Navigation Acts and how did it help Mercantilism?

 * The Navigation Acts were: Foreign built or owned ships were forbidden to trade with the colonis and ships that did trade must have a crew, 3/4th of whose members were British.
 * Various colonal exports were enumerated, that is, these goods had to be shipped to Britain for which, if they were destined for other nations, they would be re-exported. This profited shippers and merchants in Great Britain.
 * Colonial imports had to be shipped through Great Britian. This made it easier for the British to collect import duties

-Mercantilist **regulation** in the thirteen colonies began in the 1620s, when steps were taken to prevent the importation into Britain of tobacco from Spanish and Dutch colonies. In the 1650s and 1660s the British Parliament passes a set of **Navigation Acts** []