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Mercantilism In The Colonies

848 Words4 Pages

The Americans lacked the freedom of trades due to the British’s triangular trade system which was a result of the advocation of Mercantilism. The reason why mercantilism exaggerated the condition in colonies was that they only protected the profits of local merchants and it limited the production of colonies and export. British merchants gained most profits among all and the monopoly of some daily life requirement rose the prices. Since the goods from British was the onlinest importing channel for the colony, the rights of decision on prices was fixed. The British regulated all trades from the colony and prices of local products which created a shock on American economic structure and made the value of the currency dropped. Palpably, the rising …show more content…

American had different lifestyles and legislative system than British’s. The pressure of the transformation on legislative system against the benefits of American. American relied on British from the jurisdiction constitution to the diplomacy with other countries. They were not able to communicate and cooperate with other countries in Europe so that they were looking forward to establish their own status and identity as a unified nation in the European continent. Slaves without freedom also participated the activities aiming to improve their social and political identities. It’s obvious that more people under the pressure of English controlling seeked for equality on both finance and politics. Regards to the unsatisfaction of British intervention, freedom is presented as one of the initial goal. Above all, the basic and core purpose of the American Revolution was the independence from British government, ability to build a self-governing nation and achieve the relative equality. The Declaration of Independence was an important step on the way of revolution which proclaimed the determination of a Self-governing

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