The mercantilist policy was created by England in the 17th century around the mid 1650s, in which basically they imported raw materials from the colonies to process it and transform into manufactured products to be later sold to other countries, creating a new way of trading.
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The Navigation Act of 1660 forbade colonists from trading specific items such as sugar and cotton w/ any country other than England. You have to pass through English ports. Many colonists wanted more freedom to buy or sell goods wherever they could get the best price.
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Though the advocates of prohibition had argued that banning sales of alcohol would reduce criminal activity, it in fact directly contributed to the rise of organized crime. After the Eighteenth Amendment went into force, bootlegging, or the illegal distillation and sale of alcoholic beverages, became widespread.
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It could work, but really, it is just ineffective because there is a high risk of losing and falling into debt. Lotteries and slot machines are just not worth it. You could end up with less money for education than more.
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False.....hope it helped :)