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    a.) Briefly explain the policy of mercantilism. b.) Briefly explain how the restriction in the passage quoted above is consistent with the policy of mercantilism c.) Briefly explain the negative impact of the policy of mercantilism on the American colonies.

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    Take Home Saq Apush

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    Andrew Cho
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    a.) Briefly explain the policy of mercantilism. b.) Briefly explain how the restriction in the passage quoted above is consistent with the policy of mercantilism c.) Briefly explain the negative impact of the policy of mercantilism on the American colonies.

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    a.) Briefly explain the policy of mercantilism. b.) Briefly explain how the restriction in the passage quoted above is consistent with the policy of mercantilism c.) Briefly explain the negative impact of the policy of mercantilism on the American colonies.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    357 views1 page

    Take Home Saq Apush

    Uploaded by

    Andrew Cho
    a.) Briefly explain the policy of mercantilism. b.) Briefly explain how the restriction in the passage quoted above is consistent with the policy of mercantilism c.) Briefly explain the negative impact of the policy of mercantilism on the American colonies.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
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    Andrew Cho #9842

    Mr. Carroll, Period 3


    APUSH
    14 September 2015
    Take Home SAQ
    a.) Briefly explain the policy of mercantilism
    Mercantilism was an idea that was in Europe because they had belief of
    profitable trading and commercialism. This idea was an economic
    ideology and most states liked this policy. This policy forbade the
    colonies from trading with other people. All goods must be transported
    by the British ships and the manufactured goods goes back to North
    America. Bullionism which is an economic theory that states wealth is
    how much precious metal one owns is an early form of mercantilism.
    b.) Briefly explain how the restriction in the passage quoted above is
    consistent with the policy of mercantilism
    The restrictions placed on the goods in the passage quoted above is
    consistent with the policy of mercantilism because the passage states
    that the goods should go back to the motherland and be manufactured
    and brought back to the New World. This is equivalent to the policy of
    mercantilism because mercantilism forbade the colonies from trading
    with other countries and also forbade goods to be carried on other
    ships. One example of good is gold and silver and this was banned
    from exportation even for payments for the manufactured goods.
    c.) Briefly explain the negative impact of the policy of mercantilism on the
    American colonies.
    The negative impact of mercantilism on the American colonies is that
    the political freedom and economic freedom was taken away from
    them. This caused the American colonies to become weak
    economically and the people living in the colonies became very
    demoralized. Also, the colonies didnt know how to manufacture the
    goods by themselves and was highly dependent on the Europe. Also
    the manufactured goods were sold at higher prices when they came
    back to North America because Europeans countries put taxes on the
    manufactured goods.

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