Taxation and Mercantilism 1750-1800

Mercantilism is the economic doctrine that government control of foreign trade is of paramount importance for ensuring the military security of the country. Belief in the benefits of profitable trading; commercialism. The economic theory that trade generates wealth and is stimulated by the acumulation of profitable balances, which a government should ecourage by means of protectionism.

Main

French and Indian War

1754 - 1763

Is the American name for the North American theater of the Seven Years' War. Fought between colonies of British America and New France.

Albany Plan for the Union

July, 1754

Was a proposal to create a unified government for the Thirteen Colonies. Suggested by Benjamin Franklin at the Albany Congress.

Proclamation of 1763

October 7, 1763

Issued by King George III after the French and Indian War. Forbade settlers from settling past a line drawn along the Appalachian Mountains.

Stamp Act

1765

Imposed a direct tax by the British Parliament on the colonies of British America. Required that printed materials be produced on stamped paper.

Quartering Act

1765

Name given to a minimum of two Acts of British Parliament in the eighteenth century. Forced American colonies to provide British Soldiers with accommodations.

Declaratory Act

March 18, 1766

Was an Act of the Parliament of Great Britain which accompanied the repeal of the Stamp Act of 1765.

Townshend Acts

1767

Acts passed by the Parliament of Great Britain relating to the British colonies in North America. Purpose was to raise revenue in the colonies.

Boston Massacre

March 5, 1770

Incident in which British Army soldiers killed five civilian men and injured six others. Soldiers were to protect and support colonial officials.

Tea Act

May 10, 1773

Objective was to reduce the massive surplus of tea held by the financially troubled British East India Company to help the company to survive.

Boston Tea Party

December 16, 1773

Was a political protest by the Sons of Liberty in Boston against the tax policy of the British government and the East India Company.

Intolerable Acts

1774

Was a name used to describe a series of laws passed by British Parliament. The acts triggered outrage and resistance in the Thirteen Colonies.

1st Continental Congress

September 5, 1774

Was a convention of delegates from twelve colonies (excluding Georgia) early in the American Revolution. Called in response to Intolerable Acts.

Battles of Lexington and Concord

April 19, 1775

Were the first military engagements in the Revolutionary War. They were fought in the towns of Lexington, Concord, Lincoln, Menotomy, and Cambridge.

2nd Continental Congress

May 10, 1775

Was a convention of delegates from the twelve colonies (excluding Georgia) that started soon after warfare in the Revolutionary War had begun.

Olive Branch Petition

July, 1775

Was adopted by the Continental Congress in a fortified attempt to avoid full-blown war between the Thirteen Colonies.

Thomas Pain writes Common Sense

January 10, 1776

Common Sense presented the American colonists with an argument for freedom from British rule when seeking independence was undecided. Wrote by Thomas Pain.

Declaration of Independence

July 4,1776

Was a statement adopted by the Continental Congress which announced that the Thirteen Colonies regarded themselves as independent states.

Articles of Confederation

March 1, 1781

Was an agreement among the thirteen founding states that established the USA as a confederation of sovereign states. Served as first constitution.

Treaty of Paris

September 3, 1783

The Treaty of Paris ended the American Revolutionary War between Great Britain on one side and the United States and its allies on the other.