Navigation Acts and the Development of Mercantilism

Created by: millierice2301
Created on: 25-11-18 12:22

Which factors contributed to the growth of international trade?

1) Royal Navy enforced English supremacy at sea. 2) Spread of Protestantism and territory loss led to the decline of the Spanish Catholic Empire. 3) Navigation Acts reduced the strength of other naval powers. 4) Mercantilism developed.

1 of 8

What was mercantilism?

Practice of accumulating wealth through the process of trade with other countries.

2 of 8

When were the first Navigation Acts passed?

1651, by the Rump Parliament.

3 of 8

What were the terms of the first Navigation Act?

All goods imported to England had to be carried on English ships. Designed to remove the Dutch monopoly on freight trade across Europe and NA. Required half of all crews had to be English.

4 of 8

What were the positive effects of the Act?

Represented a national trading interest, instead of one of private companies. Helped English draperies to dominate the textile trade.

5 of 8

What happened in 1660?

A new Navigation Act was passed, which banned exports as well as imports from being carried on foreign ships.

6 of 8

What were the Navigation and Staple Acts of 1663?

Stated that all goods shipped from the continent to the colonies had to pass through England.

7 of 8

What was the Plantation Duty Act of 1673?

Ensured that the captains of English ships delivered specified goods to England only or faced a financial penalty.

8 of 8

Other cards in this set

Card 2

Front

What was mercantilism?

Back

Practice of accumulating wealth through the process of trade with other countries.

Card 3

Front

When were the first Navigation Acts passed?

Back

Card 4

Front

What were the terms of the first Navigation Act?

Back

Card 5

Front

What were the positive effects of the Act?

Back

View more cards

Get Revising

Navigation Acts and the Development of Mercantilism