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England, the English favoured a system called Mercantilism. Mercantilism kept all the money
and goods in the government by not trading with any other nation. In the colonies they followed
british mercantilism but had their own views named Capitalism. Capitalism is a political system
where the countys trade and industry is controlled by the people rather than the government.
This allowed for trade between private organizations and other countries instead of being stuck
in the loop of Mercantilism.
In contrast to the well-defined and hereditary classes of England, the colonies developed
a more fluid class structure, which enabled industrious individuals to rise on the social ladder.
The English system was incredibly strict, and you could only be in a higher class if you were
born into that family specifically. This was the same situation with money and how the English
earned their livings. The colonies, on the other hand, had the opportunity to earn their own
money and start fresh in America. For example, a colonist living in the New England area can
make money by fishing and then selling his product, or he could farm and make his earnings that
way. The colonists created this system so that they could all start fresh and be able to succeed in
the New World.
The extension of British ideals in the American Colonies gradually lead to a rift between
the Colonies and Britain. This resulted in changes in religion, economics, politics, and social
structures. The biggest change in religion during this time was going from strict practices to
more freedom throughout their practices. The British Economy mandated that the colonies could
only do business with them, and them alone. The British political system only allowed trade
throughout the country and colonies, the colonists prefered a different system other than what
England had to offer.For the social structure in the colonies, they differed from England with the
opportunity to start new and to make their own wages, instead of their income being based on
family.