Colonial Trade and British Navigation Acts (Week 4)
Sep 5, 2024
Colonial Trade and Navigation Acts
Growth of the American Economy
The American economy expanded, leading colonists to trade with countries other than England.
British Navigation Acts
1651: First series of Navigation Acts passed by Britain to restrict trading partnerships.
Aimed to keep colonial trade within the British Empire.
Ensured colonies traded directly with England.
1663: Another Navigation Act was passed.
Required European goods destined for American colonies to pass through England first for taxation purposes.
Colonial Response
For a decade, colonists ignored these acts.
Continued trading through foreign ports.
1673: Parliament, desiring profit from colonial trade, enacted a new law.
Imposed taxes on all ships leaving colonial ports.
British officials began policing American harbors to enforce tax laws.
Impact and Reactions
Colonists complained about the oversight and its negative effects on local trade.
Ironically, the Navigation Acts stimulated certain sectors of the colonial economy:
Shipbuilding
Manufacturing
Summary
The British navigation acts were intended to control trade between the colonies and other countries, ensuring profits remained within the British Empire.
While they faced resistance from the colonies, these acts inadvertently boosted some economic activities in the American colonies.