Economics 2150A/B Study Guide - Quiz Guide: East India Company, Navigation Acts, Thirteen Colonies

• School: Western University
• Department: Economics
• Course: Economics 2150A/B
• Professor: Colin Denniston

Document Summary

The colonial debate by region: 13 colonies and the navigation acts, british west indies and sugar, china and opium. India and the east india trading company (eic) Taxation without representation is tyranny": perceived exploitation by british empire -> us independence, policies prompted this reaction from the 13 colonies: Navigation acts (1651)- governed colonial trade and commerce. Sugar act (1765)- tariffs on several goods, extension of navigation acts. Currency act (1751)- limited issue of colonial bills. Tea act (1773)- monopoly to eic to import & redistribute tea to us; led to boston tea party. Intolerable act (1774)- retaliatory act against boston tea party. What were the navigation acts: goods could only be carried on empire ships with empire crew, all foreign trade throughout the empire had to be conducted through england. Selected colonial commodities could only be exported to england. 13 colonies not allowed to produce own manufactures tobacco, sugar, cotton, rice, indigo, lumber, naval stores.