Salutary neglect
Salutary neglect is an American history term that refers to the seventeenth- and eighteenth-century British Crown policy of avoiding strict enforcement of parliamentary laws meant to keep American colonies obedient to England. It was informed by the believe that if the colonies were not strictly monitored they would flourish.
The answer to go in the blank would be ''hobbs''.
Popular Sovereignty is your answer.
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They possessed large amounts of raw materials