Mercantilism, the Empire, and Salutary Neglect

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Presentation transcript:

Mercantilism, the Empire, and Salutary Neglect

Mercantilism Economic policy that looked upon trade, colonies, and accumulation of wealth as the basis for military and political strength Colonies only exist to enrich parent country

Navigation Acts (1650-1673) 1. Trade to and from colonies can only be carried on English or colonial-built ships w/ English or colonial crews 2. (almost) all goods imported to colonies must go through ports in England 3. “enumerated” goods can be exported to England only (originally just tobacco)

Impact of Acts? Good for New England shipbuilding Chesapeake tobacco had monopoly in England Protection from French and Spanish Hindered development of manufacturing in colonies

Enforcement of the Acts Colonists engaged in smuggling with French, Dutch, and others Enforcement lax, agents were corrupt Crown made sporadic efforts 1684 – revoked charter of Mass. Bay colony

Dominion of New England James II – 1685 Determined to increase royal control over colonies Larger administrative units 1686 – NY, NJ, NE colonies became Dominion of New England Sir Edmund Andros sent as governor

Glorious Revolution 1688 – James II deposed in favor of William and Mary Dominion of New England ended and colonies operated separately again

Salutary Neglect 1607-1763 – England did not strictly enforce Parliamentary laws regarding colonies, let them act mostly as independent states