HIST 145 Lecture 1: The Commercial Structure of the British Empire
22 Dec 2018
School
Department
Course
Professor
Document Summary
Necessary to take wealth from someone else. Idea that store of wealth constitutes national wealth and health of economy. Desire to increase that wealth at the cost of the neighbors. The british govt. passed the navigation acts as early as the 1650s. All valuable commodities from colonies had to go to england before anywhere else (enumerated goods) british did this so that they can control and seal in (ex. tax) colonial trade. All imports (ex. clothes, furniture) must come from england. Trade of goods had to travel on british owned ships (this is because. Britain to keep the british money within the empire) Mercantilism- colonies exist for the mother country (britain) Cultural problem is that america doesn"t matter as much as britain. In british empire the west indies matter more because they produce more wealth. The size of the colonies are getting bigger.
