1. The French and Indian War, known as the Seven Years’ War, began in 1754 and came to an end with the Treaty of Paris in 1763. Two European imperial powers, Great Britain and France, were at war over territory, trade routes and resources. The war began over a specific issue of whether the Ohio River valley was a part of the British Empire or the French empire. This land made it greatly accessible for trade and settlement to either of the imperial powers. Behind the problem with the Ohio River valley territory, a much greater conflict arose, the question of which nation was going to dominate North America. Both the British Empire and New France allied with Indian tribes as armed support. A foreign nation greatly affected by the war was Great …show more content…
Mercantilism is the theory or policy that started in the 1600’s. It is a system in which trade generates money and profitable balances. Mercantilism was introduced to the colonies by England. They passed many laws such as the Navigation Laws, which gave them control to our trade. This affected the colonies because any trade done with Europe had to first pass through England. Certain products could only be made in England, we gave them the raw materials, they would make the product and they would make the money. The system of mercantilism may have stifled the American initiative in its economy. It also meant currency depreciation and gouging. There was also the good side of mercantilism, America had a monopoly on tobacco. The British also enumerated protected goods, which means products such as sugar, tobacco, cotton, indigo, furs and iron could only be sold to English merchants. The colonies also provided rum, cotton, sugars, molasses and some products which were highly demanded by African imperialist. This meant the start of slave trade. The African imperialist sent slaves for labor into the colonies, we returned products and goods. Economically this meant a lot of money for both the British and the colonies, but the colonies had insufficient bullion. Gold and silver bullion was the means for the British economy, this forces the colonies to issue paper currency. Mismanagement in this type of currency resulted in inflation. The British also imposed many taxes because of their constant state of war, combined with the inflation, this created great colonial
The French and Indian War altered the relations of the American Colonies and Britain through political, economic, and geographical issues. At the start of the French and Indian War the French owned a big majority of land but the during the war the French lost their land to the English. The Treaty of Paris in 1763 gave the English, the French land of North America (Doc A).
The colonies also make crops and trade them with each other when they need things. The economic
Before this America had existed it what can be described as salutary neglect. Basically this means that the British parliamentary laws were not regularly enforced in America they were left on their own with Great Britain focusing more on the Caribbean. Now with the huge debt that Great Britain had accrued from the French and Indian war
During the age of exploration when many European countries were traveling and exploring the world, the theory of Mercantilism became popular. Mercantilism restricted trade and wanted more exports than imports. Mercantilism had many negative effects on the colonies and their economic freedom. It made it difficult to trade and made materials very expensive to get. Mercantilism was overall very negative to the colonies with the imbalanced system of trade.
The war was a turning point of French forces in North America, which confirmed British controlled the half eastern part of North America. The French and Indian war was the favorable to Britain, which balance the power of occupied lands in North America.
To understand the outcome and consequences of the French and Indian war, we must First have a foundation of the events leading up to the war and how those events determined the future of the peoples of what is now, The United States of America. In the early 1750s, the expansion of the French territory into the Ohio River Valley repeatedly brought it into conflict with the claims of the British colonies, specifically Virginia. The British controlled the thirteen colonies seeking to expand west (initially), while the French controlled Canada and wanted to expand South.
The French and Indian War came before the big issue of The Proclamation of 1763. The French and Indian War was a war between the British and the French. The war happened because they were fighting for the Ohio Valley. The British won the war which was good and did create unity between the colonies. The win caused us to somewhat unite and helped us gain confidence.
What was mercantilism and why did the colonies resent it? What were the key points of John Locke’s Second Treatise of Government and how did this document influence the struggle for American Independence? Mercantilism is the understanding that the colonies existed in order to benefit the colonizing country. In the case between the colonies and Great Britain, it can informally be described a mother and child relationship. Great Britain, the “mother,” expected the colonies, the “child,” to produce raw materials, ship this to Great Britain.
Gave beliefs that led to major conflicts during the revolution. At the end of the American revolution was the beliefs of mercantilism an effect on the northern to go to war with the south? Mercantilism has been said to be nothing but governmental regulation of trade and commerce. Significantly right for foreign trade and formed lots of the national aims rather than individual native interests. This new seek business in the British colonies helps start the major growth at the intervals of
Things were complicated considering that each colony had its own currency, and there wasn’t a “set in stone” currency used throughout the colonies. During the American Revolution, there wasn’t very much paper money given by the Colonial Government. So coins or species were used instead of paper money, but since England was in control Colonists began to become scarce of coins. The cause of the inflation was related to taxes and the lack of money in Colonial America. When trade, processing, and small scale were brought into the equation the issue escalated.
The French-Indian War of 1754-1763 resulted in political, ideological, and economic alterations within Britain and its American colonies. The French and Indian War, also referred to as The Seven Years War, began with British and French conflicts across the Ohio River Valley, as both nations wanted to claim the land for themselves. The first blood of the French-Indian War began with multiple British failures, including Washington’s dreadful defeat at Fort Necessity and General Braddock’s failed attempt at conquering Fort Duquesne, in which he died along with two-thirds of his army (Document C). The British would, however, gain momentum in 1759 with multiple victories, including their most significant triumph, Quebec.
When the war ended they were wore down and weak. This made the actions of the colonists more effective. Because of the debt, Britain’s economy was not strong. To help pay for the debt, Britain passed the Stamp Act. The Stamp Act put a tax on every printed item they used and required them to buy a government-issued stamp for legal documents and other paper goods.
Since there was debt because of the war, the economy was already very bad in Britain – therefore they taxed the colonies. When the colonies started boycotting British products and threatened to stop trading with them all together, it was successful because Britain’s economy wasn’t strong enough to handle those things. The merchants in Britain couldn’t afford to have trade with America end. If the British merchants were hurt, this would thus hurt The economy as a whole in Britain. In later decades, in the War of 1812, America would try to stop trade with Britain again using a method called embargo, which would not be effective because they did not have the debt that the War had caused.
After years of being controlled by the French, the thirteen American colonies thought that the Seven Years War would be their salvation. While the British did defeat the French and gain the territories in the colonies, it was not the answer the colonists were looking for. The British gained complete control over the colonies. The colonies were tired of being restrained and saw a new destiny for themselves: freedom. The results of the Seven Years War were united colonies and a drive for independence.
The ability to trade gave many colonies the hope to have a stand as a wealthy and powerful community. They were able to make allies, to have a wider knowledge of what once worth was. New economic trends like open markets, private, and black markets were soon enough the base of where business revolved. Inflation was another side to the capitalist economy that was when there was a higher number of goods it was then worth less, in contrast when there was a higher demand for the items merchants could easily change the price of its worth. As the economy was flourishing, voyages were also more and more possible.