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the navigation act of 1660 and it is further enacted by the authority aforesaid, that... no sugars, tobacco, cotton - wool, indigo, ginger, fustic or other dying wood, of growth, production, or manufacture of any english plantations in america, asia, or africa, shall be shipped, carried conveyed or transported, from any of the said english plantations to any land, island, territory, dominion, port or place whatsoever, other than to such other english plantations (colonies) as do belong to his majesty... under the penalty of the forfeiture of said goods, or the full value thereof, and also the ship, with all her guns, tackle, apparel, ammunition and furniture. navigation act of 1696...be it enacted,...no goods or merchandises whatsoever shall be imported into, or exported out of, any colony or plantation... or carried from any one port or place in the said colonies or plantations to any other,...in any ship or bottom but what is or shall be of the built of england,... or the said colonies or plantations, and wholly owned by the people thereof. what economic system do the above laws reinforce? elimination tool select one answer a mercantilism b capitalism c the plantation system d socialism no answer saved. submit answer next >
The Navigation Acts aimed to increase England's wealth and power by controlling colonial trade. Mercantilism is an economic system where a nation seeks to accumulate wealth through trade regulations, often restricting exports and imports to benefit the home - country. The Navigation Acts are characteristic of mercantilist policies. Capitalism is a free - market system, the plantation system is an agricultural labor system, and socialism is an economic system based on collective or state ownership.
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A. Mercantilism