Political Science POLS-Y 103 Lecture Notes - Lecture 2: Olive Branch Petition, First Continental Congress, Edmund Randolph
19 Jan 2017
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Mercantilism = an economy theory designed to increase a nations wealth through the development of commercial industry and a favorable balance of trade. From 1756-1763 britain and france with indian allies were part of a global war, also known as the seven years war. To raise money to pay for this war, the sugar act was proposed in 164. This placed taxes on sugar, wine, coffee and other commonly exported products. Stamp act of 1765 put tax on all paper items. Quartering act of 1765 allowed the government to force colonists to furnish barracks for the british troops. Committees of correspondence = organization in each of the american colonies to keep colonist abreast of developments with the british. Tea act of 1773= this allowed tax to be given to tea: colonial merchants were forced to buy tea at higher prices and could no longer sell tea from other nations. Coercive acts of 1774= blockade of boston harbor.
