poverty caused by the heavy taxation of Indians‚ and the unjust and one-sided British government that gave the colonized no say. The lives of the Indians were not improved from the British imperialism because of the implementation of cash crops and mercantilism that lead to starvation. Cash crops are crops produced for their commercial value rather than for the use of the grower. The British forced Indians to only grow cash crops to strengthen the British economy. Consequently‚ the Indians were not able
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Team B December 15‚2014 Overview of Business Evolution Feudalism Mercantilism Capitalism Commerce Property The rights Industrial Revolution Feudalism Middle age (A.D. 500-1500) The king had complete control. To make their estates more profitable landowners assigned the most able workers to take control of specific farms on their estates. System of tenant farming was developed. Mercantilism Products are traded across markets and countries. Merchants are traders
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Northern and Southern British Colonies of North America The views of Northern and Southern British Colonies of North America developed different culturally factors including economically and political views‚ education‚ and religious instruction. Colonies in the north and south developed their own characteristics making them significant for the main land‚ and later becomes the new nation itself. Economic wise‚ the colonies had more differences than similarities. The North had small farms while
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The discovery of a new world by Christopher Columbus in 1492 opened up new opportunities for trading‚ conquest‚ and political success and wealth in the later years. Spain and England found their way to the Americas (by crossing the Atlantic‚ etc.) and established their own colonies‚ which were able to give their nations profits. In order to have the imperial power of Spain and England benefit from their colonial establishments‚ the dependent nations would use their surrounding natural resources which
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Many factors affected the people who lived in Europe and America‚ as well as their lifestyle. Religion put certain people in power and created conflict. These conflicts caused economic problems‚ so new systems were developed. The search for the northwest passage helped the spread of culture and helped explorers discover new land. These factors changed the way Europeans lived and also affected their colonies in America. Religion greatly affected people in power‚ as well as the people in general. The
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in the Virginia colony. It had economic problems such as declining in tobacco prices‚ growing commercial competition from Maryland and the Carolinas‚ an increasingly restricted English market‚ the rising prices from English manufactured goods (mercantilism) caused problems for the Virginians‚ and Autocratic rule of governor Berkeley. These all are the main reasons for the Bacon Rebellion but there are also more that will be explained throughout this paper. The decline in tobacco prices was a cause
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Mercantilism was huge in the New England colonies. The major trade nations used mercantilism to gain national wealth and power by vastly increasing their exports and receiving precious metals in return. Also‚ New England had Navigation Acts which limited the colonies control over their economy.
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The development of the American colonies had six different factors contributing to it. They were the Enlightenment‚ European population explosion‚ Glorious Revolution‚ Great Awakening‚ mercantilism‚ and Religious tolerance. The Enlightenment was a cultural movement that challenged the authority of the church in science and philosophy while elevating the power of human reason. One of the most influential Enlightenment writers was John Locke. He argued with the church that people were not
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2014 Overview • Feudalism • Mercantilism • Capitalism • Commerce • Property Rights • The Industrial Revolution Feudalism • Business or economic system in which one class of people (Aristocrats) control the property rights to all valuable resources‚ including people. • Laborers began to receive more rights and rewards • To make their estates more profitable‚ land owners assigned the most reliable workers to take control of specific farms on their estate. Mercantilism • Merchants are traders who
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of supervision of the colonies by the king‚ did not work in favor of the colonies nor for Britain. Three contributing factors for the outbreak of the American Revolution were (1) the king’s taxes‚ (2) neglect of the 13 colonies and (3) England’s mercantilism policy. King George III and his decisions were one of the major causes that had the English colonists fumed with anger towards Britain and this eventually led to the American Revolution. King George’s Taxes The most fundamental reason for the
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