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The Extent Of European Influen - Online Term Paper

The Extent Of European Influen


From the early day of the colonization, trade and commerce has played an important role in the forming and shaping of civilization in America. The first English settlement at Jamestown was established for the sole purpose of creating a source of revenue and profit for individual investors and the mother country. The vast majority of people who migrated to these new lands during colonial times did so not to escape religious and political persecution (although many did) but mainly for economic purposes. America offered the common people of the world the opportunity for financial gain and self-sufficiency. From these humble beginnings, the roots that became the American economic system ...

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trade between the two countries. America also expanded trade to other countries. During the colonial period, Britain did not permit the colonies to transport any goods directly to the European continent north of Cape Finisterre. The Navigation Act also prohibited the exportation of tobacco, rice, indigo, furs and naval store to other countries except Great Britain and other colonies. American victory in the Revolutionary War ended all such restrictions and regular trading developed several countries in Europe, Asia, the Far East and Central and South America. Because of the 150-year trade history of Britain and American familiarity with British goods and trade system, most American merchants preferred trading with Great Britain. In a short period of time, Britain quickly reestablished its self as Americas premiere trading partner, accounting for almost half of the total trade volume of the United States (Nettels 45,46).
Transportation of goods to and from foreign ...

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from 1810 to 1830. During this time, roads in most states improved significantly. Competition among the different companies helped to lower freight charges and consequently, few turnpike companies became profitable. By 1830, the turnpike era gave way to other transportation advances.
Another significant contribution to the American transportation system was the invention of the steamboat. Steamboats permitted the travel against strong river currents, allowing two- way travel on rivers. By the 1830's, steamboat lines connected New York with New Jersey and the southern ports of New England. Boston had a regular steamboat service with the ports of Maine. On the Delaware, steamboat ...

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PAPER DETAILS
Added: 9/26/2006 08:45:56 PM
Category: World History
Type: Premium Paper
Words: 1459
Pages: 6

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