2' Mercantilism

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2' Mercantilism

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Only English or colonial merchants & ships could trade in the colonies. ... 4. Colonies could not export items that competed with English products. ... – PowerPoint PPT presentation

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Title: 2' Mercantilism


1
2. Mercantilism Economic Relationships
  • Commercial policies based on assumptions about
    the operations of the worlds economic system.

2
Based on the Idea
  • There was a finite amount of wealth in the world
    the world was divided into national states
    whose governments were competing for shares of
    this wealth.

3
  • What one nation lost, another nation gained.

4
Navigation Acts
  • Why important?
  • Only English or colonial merchants ships could
    trade in the colonies.

5
  • 2. Certain valuable American products could be
    sold only in England or other English
    colonieswool, sugar, tobacco, indigo, ginger
    dyes, rice, naval stores, copper, furs

6
  • 3. All foreign goods destined for sale in the
    colonies had to be shipped to England first,
    paying English import duties

7
  • 4. Colonies could not export items that competed
    with English products.

8
Political System in the American Colonies
  • Governors
  • King-figure to the colony
  • Appointed by the King or colonial proprietors.

9
  • Absolute veto power over legislature
  • HOWEVER,
  • the legislature could cut off his pay this was
    used to convince the governor not to veto certain
    bills.

10
  • 4. Controlled expenditures once appropriation
    bills were passed.
  • 5. Appointed officials.
  • 6. Commander-in-chief of colonial militia or
    royal troops

11
  • 7. Head of established church (usually only the
    Church of England)
  • 8. Governor cabinet were the court of last
    resort in some colonies.

12
Administrator
  • Sometimes lived in the colony after appointment.
  • Role was to assent or veto legal proposals.

13
  • Advisor to the Governor
  • Part of the Council

14
Council (Upper House)
  • Equivalent to the House of Lords
  • Appointed

15
  • Usually composed of wealthier colonists landed
    aristocracy.
  • Advised governor on matters of policy.
  • Court of last resort

16
Assembly (Lower House)
  • Equivalent to the House of Commons
  • Elected by landowning white males

17
  • Represented middle class farmers merchants.
  • Most colonies had religious requirements.
  • i.e., House of Burgesses

18
Local
  • Elected selectmen
  • Appointed magistrates
  • Town meetings

19
Judiciary
  • Local justices of the peace, county courts,
    appeals courts
  • Used common law (court-made law)

20
  • Court interpretations were not made on common
    sense.
  • Given original jurisdiction (geographic area)

21
  • Crimes on high seas tried in Admiralty Courts.
  • Treason was outside of the colonial courts
    jurisdiction.

22
  • The common law was greatly respected in England

23
  • AND most British colonists brought this sense of
    respect knowledge of English common law with
    them to the American colonies.
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