British imperial regulations with the American colonies were closely tied in with the system of mercantilism. Mercantilism controls the relations between the leading power and the colonies under its empire. A nation would want to export more than it imports gaining more money to obtain economic stability. The colonies exist for the profit of the mother country. Trade was a vital part of the economy of both England and the British colonies. The colonies would provide a majority of raw materials that would be shipped to England where then they would process raw materials into goods and sell them at markets provided by the colonies. Within this system both England and the colonies depended on each other for commerce. To further enforce this system on their oversees empire England enacted the Navigation Laws. ....

Number Of Pages: 2

Number Of Words: 441

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