HIST-211 Lecture Notes - Lecture 53: Mercantilism, British America, First Continental Congress
23 Sep 2020
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The british empire faces a major revolt in the american colonies: timeline of american revolution. Second continental congress (1775): george washington declared commander-in-chief. Treaty of alliance between america and france (1778). Peace of paris (1783): barbados was a larger city than boston and considered more valuable up until the late. The empire was diverse in terms of economy, geography and population: battle of st. kitts, 1782: between french and british navies. Some englishmen were largely supportive of the american cause and rebels, such as edmund. Burke believed that british and american subjects were morally tied to the same political rights and freedoms: mercantilism. Economic theory prevalent from 16th to late 18th century. Superseded by free market in late 18th century. Global wealth is not infinitely expandable (as modern capitalism maintains). Rival powers must therefore endeavour to gain as much of the economic pie as possible. The more colonies a country has, the more economically powerful it will be.
