Question

How did England’s economic policies serve the interests of the British as well as the American colonists?

Answer 1

Read, read, read:

http://www.google.com/search?sourceid=navclient&aq=&oq=british+economic+polcies+in+&ie=UTF-8&rlz=1T4VRHB_enUS648US649&q=british+economic+policies+in+the+colonies+&gs_l=hp..4.0i22i30l5.0.0.0.21914...........0.tt0-1mGIMrc

Answer 2

England's economic policies served the interests of the British more often then they served the interests of the American colonists. An example of economic legislation that restricted the colonists' economic expansion but buoyed the economic growth of the English was the Navigation Act. This outlawed the presence of any non-British ship in an English colonial harbor. Essentially, it limited the colonists' options for foreign trade, and eliminated competition, so that the British were the only ones purchasing raw goods from the colonies, and the colonists were forced to purchase their finished goods from the British and no one else. Because of this monopoly on trade, British merchants were allowed to charge unreasonable prices for their goods, and despite the colonists' complaints, this act remained intact for several decades. Another one of Britain's notorious colonial era economic policies was the Stamp Act. This placed a high tariff on necessities and the colonists were so indignant about the proposal of the legislation that they convened in the Stamp Act Congress and repealed the