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Artist 52 [7]
2 years ago
8

How might merchants benefit more under capitalism than under mercantilism

History
2 answers:
svetoff [14.1K]2 years ago
5 0

Answer:

c. they would be able to grow their businesses and profit from them without government limitations.

Explanation:

Sergio039 [100]2 years ago
3 0
Under mercantilism, merchants can only buy from the mother country and their trade becomes limited [as they cannot sell nor buy from other countries but only their mother country]. While under capitalism, they can trade internationally and choose what they want to buy or sell without intervention of a government.
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On October 7, 1763, King George III issued a proclamation that forbade colonial settlement west of the Appalachian Mountains. In so doing, he hoped to placate Native Americans who had sided against him during the recently concluded Seven Years’ War. Enforcement was so weak, however, that it did very little to curb the westward flow of pioneers. Even prominent figures such as George Washington paid it no heed, except as a source of anti-British sentiment leading up to the American Revolution.

Great Britain’s victory over France in the Seven Years’ War, also known as the French and Indian War, gave it control over all of eastern North America. Most native tribes had allied with the French during the conflict, and they soon found themselves dissatisfied by British rule. In May 1763, just a few months after the formal conclusion of the Seven Years’ War, a pan-tribal confederacy led by Ottawa chief Pontiac rose up in rebellion. His warriors attacked a dozen British forts, capturing eight of them, and raided numerous frontier settlements. Hundreds died in the process. In response, the British handed out smallpox-infected blankets to Pontiac’s followers. Moreover, a gang of whites known as the Paxton Boys massacred 20 defenseless Native Americans who had nothing to do with the fighting.

In an attempt to prevent similar incidents from occurring, King George III issued a royal proclamation on October 7, 1763, which established three new mainland colonies (Quebec, West Florida and East Florida), extended Georgia’s southern border and gave land to soldiers who had fought in the Seven Years’ War. More notably, it banned colonial settlement west of the Appalachian Mountains, at least “for the present, and until our further pleasure be known.” Those colonists already there were ordered to relocate. Acknowledging that “great frauds and abuses have been committed,” the proclamation furthermore prohibited individuals from buying tribal territory. Instead, only the crown could now make such purchases. “We shall avoid many future quarrels with the savages by this salutary measure,” said General Thomas Gage, who commanded all British forces in North America.

The British made a perfunctory effort to enforce the proclamation, periodically stopping settlers as they headed west and forcibly removing others. On one occasion, redcoats from Fort Pitt in present-day Pittsburgh even burned the huts of some nearby pioneers and escorted them back across the boundary. For the most part, though, colonists disregarded the proclamation without fear of punishment. Some wanted only enough land for themselves and their families, whereas others were speculators looking to make a hefty profit down the road. George Washington, for one, wrote to his agent in 1767 in support of illegally buying as much Native American land as possible. The Proclamation of 1763 will soon be revoked, Washington explained, because—“this I say between ourselves”—it was only meant “as a temporary expedient to quiet the minds of the Indians.” Other famous speculators included Patrick Henry, best known for his “Give me liberty or give me death” speech, and Henry Laurens, who later served as president of the Continental Congress.

Washington’s prediction proved prescient the following year, when the British 

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