American Revolution Mercantilism - Mercantilism is the idea that if countries wanted wealth and power, they need gold and silver. It also stated that a country should gain colonies to gain a favorable balance of trade. Mercantilism dominated Europe and the colonies. This was the European economic system. The idea was to become self-sufficient (which meant not to need to import the necessities. Favorable balance of trade - Export more than you import. Trade deficit …showed first 75 words of 508 total…

…showed last 75 words of 508 total…from these acts were to be used to pay the governors and the judges. This took away “the power of the purse” the colonist which outraged them. -Writs of assistance. -The Quebec Act - extended Canada which was under British rule. Converted these lands to Catholicism. This made the colonist think they might be next. Treaty of Paris - In 1783 ended the American Revolution. We got back land taken in the Quebec Act. ------------------------------------------------------------------------ **Bibliography**