HI 114 Lecture Notes - Lecture 8: Bubble Act, Augsburg, Navigation Acts
3 Mar 2020
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Mercantilism: an economic system that argues that a nation should be self-sufficient. They shouldn"t have to depend on any other country for anything. Rice & molasses added to enumerated list (1705) Copper & furs added to the enumerated list (1722) Defined what corporations could be made, who could found it, what it could do, etc. War of the league of augsberg (1689-98) Spanish invaded british ship and cut off a sailors ear. None of these wars had very clear outcomes, there were compromises & not distinct winners or losers. Treaty was signed, a distinct end to the war. After 150 years of being preoccupied elsewhere, england is ready to pay attention to colonies. Treaty of paris (1763) causes france to lose canada. After 150 years of benign neglect," britains read to take charge of colonies. Sets a line that colonists cannot travel. Sugar act revised to reduce duties, it would cost more to smuggle (1764)
