Trade Relationships Between America and Great Britain

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Date Submitted: 05/07/2013 04:52 PM

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RELATIONSHIPS BETWEEN AMERICAN COLONIES AND BRITAIN: TRADE AND CONSUMPTION

The development of the production of goods such as tobacco, rice and sugar become the biggest industry and income source in the American English colonies. With the emergence of the first relationships based on trade beyond the Atlantic Ocean, America started a complete network system of trading routes mainly with Europe, more specifically with Britain, its origin. The change in consumption described by the population of both sides of the ocean, had a strong influence in the future relationships based on exports of goods between Britain and the North American lands, what become one of the biggest reasons to maintain the trade contact between both continents from that period on.

! With the developments of massive production, and the system of trade already stated in the American colonies, new relationships were established between continents. Most of the Southern regions in the lands of North America supplied the vast majority of the exports that headed to the mother country. Exports of goods increased in number and volume in the eighteenth century. An average of eighty million pounds of each product, mainly produced by the slave and servants labor force, were exported to supply the increasing demand of the British population in Europe. Commodities such as indigo, and cotton also experienced a huge growth in trade aspects. Out of the whole set of goods produced, two thirds were often sent to Britain, and the rest traded between the English American regions.

! With such a huge volume of exports headed to Britain, manufacturing companies in the mother country had now enough goods to trade within their population. As in every economy, the fact of having such a big supply, led to a decrease in prices, what made the

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products affordable now to middle and lower classes. New available options were opened for people with less purchase power, to now get desired products instead of only needed...