HIS 1101 Lecture 4: Chapter 4 – Relying on Resources.docx
27 Mar 2015
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Document Summary
The mercantile system: the resource economy worked only because of its capacity to deal with the international market, the merchant capitalist looked after transportation and marketing in a world of totally unsophisticated credit and banking, some manufacturing did exist in ba, there were 2 kinds, one was by artisans producing local markets good and services that either could not be imported profitably or could not be imported at all, processing of resource commodities such as grain that was distilled into whisky, brewed into beer, and milled into flour, shipbuilding was the ideal colonial processing industry, relied heavily on rich natural resources such as timber. Immigrants came to ba chiefly to obtain access to land, something that was becoming increasingly hard to do in the british isles: scottish emigration remained between 10% 15, british emigrants were not just english, very diverse, four patterns of organized emigration and settlement occurred after 1815, government assistance, emphasized settlement of land.
