Mercantilism and the English Coloniesideaallanpreapush.weebly.com/uploads/5/9/3/4/59344739/mercantilism... · 9/9/15 1 Mercantilism and the English Colonies Triangle Trade A. As trade

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Mercantilism and

the English Colonies

Triangle Trade A.  As trade flourished

between the Old World and the New World, a trade network known as the triangular trade system developed

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The Triangular Trade System

Mercantilism and the Colonies A.  Like other European

nations, England believed that its colonies should benefit the home country

B.  Under the idea of mercantilism, a nation becomes strong by keeping strict control over its trade

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Mercantilism and the Colonies C.  Mercantilists

believed that a country should export more than it imports

The Navigation Acts A.  Beginning in the

1650s, the English Parliament passed a series of laws called the Navigation Acts

B.  These laws regulated trade between England and its colonies

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The Navigation Acts C.  The purpose of the

Navigation Acts was to ensure that only England benefited from trade with its colonies

D.  Under the laws, colonial ships could only sell their goods to England

The Navigation Acts E.  Many colonists

resented the Navigation Acts because the laws favored English merchants and the Mother Country of England