Tag «Mercantilism»

Navigation Acts: England’s First Attempt to Keep the Lid on American Independence

Often misunderstood, the Navigation Act was not born of a punitive measure against a rebellious colony; such as the Coercive Acts of 1774 (labeled the Intolerable Acts by American patriots) which punished Massachusetts after a band of rowdy Bostonians dumped a fortune of East Indian tea in the harbor. The legislation that established England’s Laws …

Understanding Colonial American Money

In novels and film, we often come across the exchange of colonial money whose odd assortment of names and values are confusing at best. This exchange of colonial currency lends authenticity to period romantic novels (you know -the ones whose cover has some hunk who misplaced his shirt), or historical colonial dramas set in the …