Many migrated toward the colonies for an economical and social life. Many became Plantation owners, farmers either for selling or just subsistence agriculture. Merchants would become one of the wealthiest people who caused the shipping industry to be created. Mercantilism became a big part in the American Revolution. It was a philosophy that influenced in England in the 17th and 18th century. It was the Idea of how the Economy worked. If a nation is going to prosper it need to sell more that they buy. Export more than Import. This philosophy established colonies to serve as markets for manufacturing. You could say that Mercantilism was the beginning of the bigger problem down the road within the colonies and Britain.
1600’s English will set up colonies in the Caribbean for sugar; it will become one of the most profitable crops. As the Atlantic Trade opened up people started to borrow money on the short-term, but would pay back and create a profit. Life is absolutely great, as economic and territory gains established there comes problems into play.
With in the colonies there were basic divisions; they consisted of independent white men who were primary property owners with c...
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...ish Government didn’t neglect colonies which caused them to do as they wished, which changed after the war. Taxes were placed from: Stamp act, Sugar act, Tea act and others that were reducing the profits of merchants causing more financial struggles within the colonies.
Mercantilism is what influenced the beginning of the American Revolution. Mercantilism created the philosophy that in order to prosper export has to be greater than imports. This philosophy helped create colonies that served as markets for manufacturing. The French and Indian war created unpredicted problems both financially and territory. The victory of the war created struggles for colonies as they are forced for a decade to pay unfair taxes for the cost of the war. The taxes caused a major difficulty between the colonies and Britain. The neglect of the British led to the American Revolution.
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