Mercantilism And The Stamp Act Of 1765

199 Words1 Pages
Nevertheless England wanted implemented economic policy known as mercantilism, which focuses on profit of trade.7 England began to pass legislation to ensure that it reaped more trade benefits from its colonial possessions.7 England passed acts that would benefit from the products being created in the new world. One significant act was the Stamp Act 1765, which imposed on all American colonists and required them to pay a tax on every piece of printed paper they used. This stamp act created animosity between the colonies and England because the colonies believed this was just another way to get money out of the colonies without the approval of the colonial legislatures.8 The colonies soon wanted to be free from the reign of the British rule