... -government and independence from Great Britain. Americans were not obligated to tax themselves to support a professional army. England supported the colonies with a strong army that the colonists were not required to pay for. Even though mercantilism was intended to increase Great Britain's wealth and power it really in turn was more favorable for the colonies. They benefited economically, socially, and politically. Through the mercantilist theory the colonists gained ... economic independence and self-government. Colonists found ways to go around the laws and earned their fortunes by s...

• Word Count: 663
• Approx Pages: 3

... -government and independence from Great Britain. Americans were not obligated to tax themselves to support a professional army. England supported the colonies with a strong army that the colonists were not required to pay for. Even though mercantilism was intended to increase Great Britain's wealth and power it really in turn was more favorable for the colonies. They benefited economically, socially, and politically. Through the mercantilist theory the colonists gained ... economic independence and self-government. Colonists found ways to go around the laws and earned their fortunes by s...

• Word Count: 663
• Approx Pages: 3

... that led the American colonies to rebel from England. The colonists were fed up with the way England was treating them and eventually would set off to try and be independent. The aggravation commenced when England began to trade through an economic system called mercantilism. This system was used by England to increase their wealth and to help establish a favorable balance of trade. England ... tried to sell more materials than what they bought which would help them economically ... prevailed and the riots had worked. Tensions between England and the American colonies had begun to evolv...

• Word Count: 813
• Approx Pages: 3
• Grade Level: High School

Mercantilism, the theory and system of political economy prevailing in Europe after the decline of feudalism, based on national policies of accumulating bullion, establishing colonies and a merchant marine, and developing industry and mining to attain a favorable balance of trade, as defined by The American Heritage ® Dictionary of the English Language, was supposed to be a way for Britain to make itself more powerful and prevalent, but instead ... benefited the colonies more than it did the Royal Crown. Britain originally created ... ...

• Word Count: 498
• Approx Pages: 2
• Grade Level: Undergraduate