asked 169k views
3 votes
What was mercantilism?What did it have to do with US history ? What was the great compromise? What were some of the deference between Jefferson and Hamilton? How did the french and Indian war eventually lead to the American revolution?

asked
User Mocking
by
7.4k points

1 Answer

3 votes

Answer:

Ok here we go..

EVERYTHING IS IN ORDER

Step-by-step explanation:

Mercantilism is the belief in the idea that a nation's wealth can be increased by the control of trade: expanding exports and limiting imports. In the context of the European colonization of North America, mercantilism refers to the idea that colonies existed for the benefit of the Mother Country. Mercantilism was a popular economic philosophy in the 17th and 18th centuries. In this system, the British colonies were moneymakers for the mother country. They put limits on what goods the colonies could produce, whose ships they could use, and most importantly, with whom they could trade. The Great Compromise combined the best attributes of the Virginia and New Jersey plans. The House of Representatives was established based upon population which made the big states happy and the Senate was established by giving all states 2 Senators which made the small states happy. Jefferson believed that America's success lay in its agrarian tradition. While Hamilton distrusted popular will and believed that the federal government should wield considerable power in order steer a successful course, Jefferson placed his trust in the people as governors. The French and Indian War began in 1754 and ended with the Treaty of Paris in 1763. The war provided Great Britain enormous territorial gains in North America, but disputes over subsequent frontier policy and paying the war's expenses led to colonial discontent, and ultimately to the American Revolution.

answered
User TechGuy
by
7.9k points

Related questions

asked Mar 3, 2021 99.6k views
Baby Groot asked Mar 3, 2021
by Baby Groot
8.1k points
2 answers
2 votes
99.6k views
asked Aug 28, 2024 45.3k views
JoeyCK asked Aug 28, 2024
by JoeyCK
7.7k points
1 answer
1 vote
45.3k views
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.