Mercantilism and Prosperity
Mercantilism
Mercantilism is an economic and political theory which was prevalent in England and Europe during the 17th and beginning of the 18th centuries. The mercantilism theory reflected the materialistic and political agenda of the middle class and was a kind of economic imperialism. Its main goals were economic independence and prosperity. The theory holds that the prosperity of a nation depends upon its supply of capital, which is represented by bullion held by the state. The ruling government should advance these goals by playing a protectionist role in the economy, by encouraging exports and discouraging imports, and by monitoring the economic activities through massive legislation. One of the principles of mercantilism was inhibiting competition of the colonies with England. The theory suited the South colonies, like Virginia and North Carolina, who needed the trade, but the North colonies started to compete with England. During the Seven Years' War England faced difficulties enforcing the mercantilism, and trying to force it led to the American War of Independence.
Prosperity
The basis for "the American Dream", the natural wealth that drew people from all over the world and created the unique new society, allowing people an opportunity of a new life and a dream of a better future. Prosperity influenced the development of different values and establishments, as economic success became a main motive in the American society and led to improvements in social class and quality of life. This was the incentive for the development of the American society as a democratic, capitalistic and individualistic one.
Prosperity has a strong link to the notion of frontier, which represents the unexplored territory that allowed people to try for a fresh start. As the onrush to the frontier was made by individuals, the new settlers did not preserve the old tradition and culture, the old law and order, and new values of materialism and pragmatism evolved. Outside supervision and central government were seen as obsolete and instead the individualism, democracy and freedom of choice were preferred.
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Mercantilism is an economic and political theory which was prevalent in England and Europe during the 17th and beginning of the 18th centuries. The mercantilism theory reflected the materialistic and political agenda of the middle class and was a kind of economic imperialism. Its main goals were economic independence and prosperity. The theory holds that the prosperity of a nation depends upon its supply of capital, which is represented by bullion held by the state. The ruling government should advance these goals by playing a protectionist role in the economy, by encouraging exports and discouraging imports, and by monitoring the economic activities through massive legislation. One of the principles of mercantilism was inhibiting competition of the colonies with England. The theory suited the South colonies, like Virginia and North Carolina, who needed the trade, but the North colonies started to compete with England. During the Seven Years' War England faced difficulties enforcing the mercantilism, and trying to force it led to the American War of Independence.
Prosperity
The basis for "the American Dream", the natural wealth that drew people from all over the world and created the unique new society, allowing people an opportunity of a new life and a dream of a better future. Prosperity influenced the development of different values and establishments, as economic success became a main motive in the American society and led to improvements in social class and quality of life. This was the incentive for the development of the American society as a democratic, capitalistic and individualistic one.
Prosperity has a strong link to the notion of frontier, which represents the unexplored territory that allowed people to try for a fresh start. As the onrush to the frontier was made by individuals, the new settlers did not preserve the old tradition and culture, the old law and order, and new values of materialism and pragmatism evolved. Outside supervision and central government were seen as obsolete and instead the individualism, democracy and freedom of choice were preferred.
thanks for jammerbroadcast monitoring and car rental in israel
