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mercantilism - Professor Ireland History 108-002 Sandy...

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Professor Ireland History 108-002 Sandy Slater 09 October 2006 “The British imperial economic system, including mercantilism, exploited American colonists and offered them few benefits. As such it represented a valid reason for revolution.” When the British came over to the new world they brought with them their own system of imperialistic economics and instated certain laws to regulate the economy in the new world. While certain acts did restrict some aspects of trade to and from the colonies, on the whole the British system of mercantilism ended up being highly beneficial to the colonists. Mercantilism is a government run economy in which trade should benefit the state and it operates on the belief that wealth is finite. American colonists did not suffer problems from the imperialistic system, in fact they actually profited from it. Therefore, it cannot be said that the British imposed an economic oppression that led the colonists to revolution.
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