ECON 2420 Chapter Notes - Chapter 10: Mercantilism, Economic Integration, Responsible Government
29 Nov 2017
School
Department
Course
Professor
Document Summary
A history of canadian economics chapter #10: confederation and the british north. In 1848, the british had granted the colonies responsible government, which effectively gave british north americans control over their domestic affairs. If revenue needs differed then tariff rates that were appropriate for one colony might be inappropriate for the other. In the 1840s with the end of the british mercantile system in sight, pressure renewed for the increased economic integration of the north american colonies. By 1861, the british attitude had softened, and a conference was held in the following year to explore the possibility. The british north american colonies seemed to have experienced roughly similar aggregate growth rates in the 1850s and 1860s. Most mid 19th century canadians regardless of where they lived, spent most of their time engaged in agricultural pursuits. Prosperous and complex agricultural sectors existed in all four provinces. Manufacturing was the second largest commodity producing sector in.
