•wanted constitutional monarchy •Imprisons distracters •Forces Anglicanism, and hates Puritans. oReligion that Puritans don’t like He ruled alone, with the help of his army, until his death in 1653, where he attempted to name his son. England calls for the RESTORATION of the monarchy, which results in …. Charles II - being named King. 1660 •New phase of colonization •England paid more attention. •Tightened colonial administration. •Been a good boy! oUnder his conditions he is good oRestores the monarchy §English restorationàrestoration colonies oDuring the war there is no colonies •Colonies bigger and bigger and more successful! NAVIGATION ACTS:
•Growing economic value of the colonies. •Goods from European nations to colonies had to get there on English ships. •Goods to Europe had to be transported on English ships. •Challenge Dutch ascendency on the seas. •Certain goods could only be sent to England or bought from England. •Designed to further MERCANTILISM. •Passed in the 1616s •Mercantilism oEconomic theory oTheory is the economy is a zero sum economy oClosed system of wealth oOnly way to gain wealth was to take it from another country oOnly ways to gain §Make other nations spend money that they could gain §Stop spending money oThose are ours! You can’t sell that to other countries! §Can’t sell things unless being sent on English ships •With English captains to keep track of everything •You can’t get goods from Europe unless on English ships oGiving money to Dutch from England oKeep money in the family! §custom laws §concerned with the Dutch •control international banking •rich oNation has to be in control (by passing laws from profiting from the countries) §Only enough to go around •Happiness pool §Cant created or destroy happiness §Zero sum concept •Wealth could not be created •Wealth mainly in the form of land •Adam Smith oWealth of Nations oFather of Capitalism
§In terms of an economic theory §Capitalism •Economy controlled by private individuals (what you make is what you get) •We determine how we spend our money §Adam smith determined the source of wealth was labor*** •Work for Red Lobster! •Create wealth based on labor oCapitalism •We can create wealth through our neighbor oDetermine our economy •Individual controls wealth oState not too involved other than taxing oGovernment in charge of healthcare (not capitalism! Government running country- socialism) •Have found gold oFound land! oNatural resources made it valuable §Didn’t have trees (lumber hard to come by in Europe) §Lots of fish •Colonies important because of natural resources oThat can be sold or used oEngland doesn’t need to buy lumber or tobacco if the colonies provide it for them •We become richàthey poor!