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mercantilism

Mercantilism was more favorable to the colonies than it was to Great Britain because, Americans reaped direct benefits from the mercantile system, the average American was better off economically, and mercantilism had sufficient merit to be long perpetuated. Mercantilism was a huge success and a major factor in the development of the colonies. Mercantilism helped jump-start the formation of what we now call America.
The American colonists reaped direct benefits from the mercantile system. Liberal bounties were paid to colonials who produced ship parts. The tobacco planters received special privileges in the col...

Posted by: Janet Valerio

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