Answer This Question: What were 2 purposes of the Navigation Acts?

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18-09-2022
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Answer This Question: What were 2 purposes of the Navigation Acts?

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rafikiedu03 rafikiedu03 · Answer 1 · 2022-09-20T23:31:41-04:00

The Trade and Navigation Acts reflected the mercantilist philosophy that the central government of a country should have a major role in the control and regulation of the economy. To that end, the acts placed restrictions on where goods could be bought and sold and in what ships those goods could be carried these are the purpose of the Navigation Acts.

An economy system is a gadget of inter-associated manufacturing and intake activities that in the long run decide the allocation of resources inside a set. The production and consumption of products and offerings as an entire satisfy the desires of these living and working within it.

The economy is defined as the control of monetary subjects for a network, business or family. An example of an economic system is the inventory market system in the U.S.A.

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