... % of 18th century Americans making their living off the land. In all regions of the colonies, merchants attempted to promote economic growth in their region but were stifled by British policies of mercantilism (MultiEducator, 2000). According to Merriam-Webster Dictionary, "mercantilism is an economic system developing during the decay of feudalism to unify and increase the power and especially the monetary wealth of a nation by a strict ... governmental regulation of the entire national economy through policies designed to secure an accumulation of bullion, a favorable balance of trade,...

• Word Count: 1746
• Approx Pages: 7
• Has Bibliography
• Grade Level: Undergraduate