Effects On American Colonies
The Navigation Acts, while enriching Britain, caused resentment in the colonies and contributed to the American Revolution. The Navigation Acts required all of a colony's imports to be either bought from England or resold by English merchants in England, no matter what price could be obtained elsewhere.
Historian Robert Thomas (1965) argues that the impact of the acts on the economies of the 13 American colonies was minimal; the cost was about ₤4 per ₤1000 of income per year. The average personal income was about ₤100 per year. However Ransom (1968) says that the magnitude of the net burden imposed by the Acts was small, yet their overall impact on the shape and growth rate economy was significant. That was because the Acts differentially affected different groups, helping some and hurting others. Walton concludes that the political friction caused by the Acts was more serious than the negative economic impact, especially since the merchants most affected were politically most active. Sawers (1992) points out that the political issue is what would have been the future impact of the Acts after 1776 as the colonial economy matured and was blocked by the Acts from serious competition with British manufacturers.
Read more about this topic: Navigation Acts
Famous quotes containing the words effects on, effects, american and/or colonies:
“Corporate America will likely be motivated to support child care when it can be shown to have positive effects on that which management is concerned aboutrecruitment, retention and productivity. Indeed, employers relate to child care as a way to provide growth fostering environments for young managers.”
—Dana E. Friedman (20th century)
“Consider what effects which might conceivably have practical bearings we conceive the object of our conception to have. Then our conception of these effects is the whole of our conception of the object.”
—Charles Sanders Peirce (18391914)
“I had such a wonderful feeling last night, walking beneath the dark sky while cannon boomed on my right and guns on my left ... the feeling that I could change the world only by being there.”
—Viorica Butnariu, Rumanian student at Bucharest University. letter, Dec. 23, 1989, to American friend. Observer (London, Dec. 31, 1989)
“What is music. A passion for colonies not a love of country.”
—Gertrude Stein (18741946)