Mercantilism

Competing Mercantile Economies

It is easy to imagine the colonial world of North America as sharing many common features, made up as it was of Europeans who had gone into self-imposed (or sometimes imposed) exile from their home countries. In fact, the colonies were each organized around very different cultural and economic principles. Even among the first English-speaking colonies there were significant differences. In some instances they were also complementary.

Source: John Douglas Belshaw, https://opentextbc.ca/preconfederation/chapter/6-3-competing-mercantile-economies/
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