Navigation acts

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First act

1651- no merchandise was to be carried to England or its colonies except by English built and ran ships

Act #2

1660- forbade certain raw materials (sugar, tobacco) from being shipped from English colonies from anywhere but England and other colonies

Navigation acts

Band of laws that restriced the use of foreign shipping for trade only between england and its colonies

Mercantilism

Economic theory (16th-18th century) that promoted governmental regulation of a nation'a economy for the purpose of augmenting state power at the expense if rival national powers.

Significance

Formed basis for British oversea trade for nearly 200 years, resentment


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