Calvinism Puritanism broadly refers to a diverse religious reform movement in Britain committed to the continental Reformed tradition. They believed that all of their beliefs should be based on the Biblewhich they considered to be divinely inspired. After the fall of manhuman nature was corrupted by original sin and unable to fulfill the covenant of works, since each person inevitably violated God's law as expressed in the Ten Commandments. As sinners, every person deserved damnation.
Mercantilism replaced the older, feudal economic system in Western Europe, leading to one of the first occurrences of political oversight and control over an economy.
At the time, England, the center of the British Empire, was small and contained relatively few natural resources. The Sugar Act of introduced high customs for sugar and molasses imported from outside of England and the British colonies.
Great Britain was not alone in this line of thinking. The Underlying Principles of Mercantilism Mercantilism is based on the idea that strong nation-states had the opportunity to create a world economy by using a state's military power to ensure local markets and supply sources were protected.
Advocates of mercantilism believed the prosperity of a nation was reliant on its supply of capital, and global volume of trade was static.
The result was a system of economics that required a positive balance of trade, with surplus exports. One notion behind mercantilism is the economic health of a nation could be assessed by the amount of precious metal, gold or silver it owned.
The system advocated for each nation to strive to be economically self-sufficient, which meant the nation would have to increase domestic production and build new homes and industries. Advocates of mercantilism also saw that agriculture was important and should be promoted so a nation could reduce the need to import foods.
They suggested a strong nation-state needed colonies and a merchant fleet, both of which could provide additional markets for goods and raw materials. Mercantilists also believed a large population was integral to the domestic labor force of a nation.
Controlled production and trade: The expansion of the slave trade: This fostered the development of the slave trade in many colonies, including America. The colonies provided rum, cotton and other products heavily demanded by imperialists in Africa.
In turn, slaves were returned to America or the West Indies and traded for sugar and molasses.
Mismanagement of printed currency resulted in periods of inflation. Additionally, Great Britain was in a near-constant state of war. Taxation was needed to prop up the army and navy. Through the use of force or mass immigration or both, imperialistic nations establish control over potentially less-developed regions and force inhabitants to follow the dominant country's laws.
One of the most powerful examples of the relationship between mercantilism and imperialism is Britain's establishment of the American colonies. It was argued that the state should franchise out the leading merchants in promising industries to create exclusive monopolies and cartels.As a member, you'll also get unlimited access to over 75, lessons in math, English, science, history, and more.
Plus, get practice tests, quizzes, and personalized coaching to help you succeed. 1. Natures. Nature, according to Aristotle, is an inner principle of change and being at rest (Physics , b20–23).This means that when an entity moves or is at rest according to its nature reference to its nature may serve as an explanation of the event.
An Explanation of the Five Major Principles of the Elizabethan World Order PAGES 2. WORDS View Full Essay. More essays like this: elizabethan world order, general notion of correspondences, the chain of being.
Not sure what I'd do without @Kibin - Alfredo Alvarez, student @ Miami University. Exactly what I needed. Mercantilism was the primary economic system of trade from the 16th to 18th century with theorists believing that the amount of wealth in the world was static. Polymerase Chain Reaction Essay Examples.
total results. An Experiment Showing the Effects of Polymerase Chain Reaction and Gel Electrophoresis on a DNA Intron. 3, words. A History of McDonald's in the World's Chain Restaurant Industry. words.
2 pages. The Importance of the DNA Polymerase Epsilon in Research.
words. 1 page. Elizabethan Puritanism contended with the Elizabethan religious settlement, with little to show for it. The Lambeth Articles of , a high-water mark for Calvinism .