Part 1 of Essay
The original quest for colonies, which began in the 17th century, was economically justified by the dominance of the mercantilist system. One of mercantilism's key assumptions was that a country could only become wealthy through the accumulation of gold stock. The only way to maintain a large gold stock was to block trade ....

Part 2 of Essay
.... century, British capital could be found all over the Earth. A second approach to the profit motive was somewhat similar to the supposedly out of favor mercantilist model. Leaders of industry and commerce wanted imperial possessions to be completely reliant on England for all manufactured goods. They believed that a market in which they had complete authority to block other imports would be a profitable market. These actions taken by the British were the start of Imperialism. Two countries that were immense ....