For a mercantilist economy, the best kind of trade was trade with your own colony.
In a mercantilist system, a country amasses wealth by:
- exporting more than it imports,
- imposing high tariffs and other barriers,
- stocking up on gold and other precious metals,
- protecting domestic industries.
Mercantilism grew in popularity in the 16th and 17th centuries when European powers established colonies outside Europe. By only enabling their colonies to produce raw materials and trade with their mother country, these nations could create manufactured products to sell for profit. The colonies were therefore necessary for wealth creation, and they were banned from representing any competition because they couldn't trade with foreign powers.
Great Britain most benefited from this system in the mid-17th century. For example, with the Navigation Acts, American colonies could only buy products like sugar, tobacco, cotton, and iron from British merchants.
Born into slavery, Tubman escaped and subsequently made some thirteen missions to rescue approximately seventy enslaved families and friends, using the network of antislavery activists and safe houses known as the Underground Railroad.
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A Roman legion (from Latin legio "military levy, conscription", from legere "to choose") normally indicates the basic ancient Roman army unit recruited specifically from Roman citizens. In reference to the early Roman Kingdom (as opposed to the Roman Republic or Empire), "the legion" means the entire Roman army.
