British Trade 15Th Century

British Trade 15Th Century

Throughout the years before 1660, the British colonies were appraised for their contributing efforts of enriching England’s monarchy through revenue produced from the tobacco industry (page 52).   By surprise, England demonstrated a lenient approach to enforcing government rule and compliance (page 70).   Nonetheless, these values were not obeyed and showed little regard as tobacco revenue   was amassing vast amounts of wealth to the English royal treasury (page 50).   The aristocracy was satisfied with the large profits and obviously overlooked government order.   Meanwhile, the general population of the British colonies was thriving from a laissez-faire type approach.   Things were running their course and government intervention was not necessary.   Also, the motherland (England) was experiencing a civil war which helped prioritize and divert their attention to a certain degree instead of the British colonies (page 70). Although, after forty years of product demand, the economy eventually entered a stage of recession and things finally started to take a crucial hit (page 52).   Suddenly, the impact of diminishing profits from the British colonies required insight and investigation.   The English monarchy was not at all content with the situation.   They were compelled to create alternatives and solutions to shift the economic pendulum back in their favor.   England wanted its British colonies to adjust to the way times were in the past.   Therefore, what were the strategies the King of England pursued to help increase his control and generate financial benefits over the British colonies in North America?   What were those courses of action?

In terms of international trade, a method of control England proposed was through addendums of the Navigation Acts in 1660 and 1663 to reinforce and ensure that all the British colony exports were shipped only to England (page 73). These regulations were sustained by import and plantation duties overseen by customs officials (page...