Question

How did politics and economics change in British North America between 1650 and 1750? Be specific with your response.

Answer 1

Between 1650 and 1673 a series of acts passed which established three rules of colonial trade: foremost rule, trade need to be carried out on in English ships only; secondly the goods imported goods into the colonies must pass through England port; and thirdly certain goods, such as tobacco need to be exported only to England

The Glorious Revolution occurred when in 1688 William of Orange took the English throne from James II. It brought permanent power realignment within the British constitution. In 1688-89 the deal struck between royal couple and Parliament was that Parliament would provide support the war against France, and royal couple King William III and Queen Mary II need to accept new constraints on their authority. The new co-monarchy of William and Mary received huge constraints from Parliament compared to the previous monarchs. Moreover the new constitution laid high expectation that future monarchs must also remain constrained by Parliament. Parliament took the charge on specifications how new revenue could be spent, began an audit how revenue was spent, and diverted few funds entirely from the control of king. It created a balance of power among parliament and crown made the promises of the British government more credible, and consequently it helped the government to reorganize through a collection of changes its finances known as the Financial Revolution