Essay On Mercantilism

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When comparing and contrasting the northern and southern colonies throughout their development, it is vital to fully understand that each colony differed as a result of their reasons for settlement, geographic setting, and economic establishment; however, the colonies were additionally equivalent with regards to their social perceptions and standards of mercantilism. Physically , the Northern colonies were covered with mountains, cold climate, and thin soil. As a result of the colonies tedious geographical location, the Northern colonies established their economy through a commercially based society, among the notion of vast trading, small independent farming and shipbuilding. The Northern colonies truly capitalized on the use of natural …show more content…

In order to have successfully emerged into mercantilism, both colonies had to have been economically self- sufficient, equally balanced within trade, held possession of merchant fleets, and been controlled by England 's regulation of trade. Both the Northern and Southern colonies are similar in regards to have attained all of the following characteristics necessary for mercantilism. However the royal english trade and navigation laws towards shipping, buying, selling, and manufacturing ultimately hindered both colonies from fully succeeding financially. Thus the colonies identically suffered from instability as a result of unfair royal authority. Through parliaments bias passing of the sugar act, stamp act, and other numerous laws that were merely employed in order to garner money for England, the colonies acknowledged such illogical notions and protested. Thus the colonists united together against the king of england and his tariffs, and sought their independence away from the crown. However, it was only through the success of the american revolution that both colonies diminished their individual forms of governing, and in turn established a singular democratic society. Initially the relationship between the colonies was limited and nonexistent. Nevertheless, england’s unfair ‘taxation without representation” fundamentally integrated the colonies and empowered their relationship with each

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