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SavannahW's Waterfall RSS

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1 point

Protectionism can actually lessen the money in a country's economy, not save money. The laws and taxes implemented take away some of the cheaper choices the global market offers, and the overall all cost of goods rises. As prices rise, more money buys less things. The decrease in spending power can make jobs disappear. According to the US Department of Labor's statistics, in protectionism eight jobs are destroyed for every one saved.

2 points

Free trade benefits the countries that partake in it. This practice allows countries to depend on one another for different products. This dependence on other could help prevent one country from getting too powerful, and it could help other lower level countries from slipping too far behind.

3 points

Free Trade is the more plausible way for countries to trade. It allows the benefits of countries having a comparative advantage to be used. If a country is able to produce something at a cheaper more efficient price, then another country can stop worrying about making that product and focus on a product they can produce at a comparative advantage. Free trade helps the consumer receive the best priced product.

1 point

Your argument makes no sense. Thats like saying the colony had better lodging so they went there more often. When the ships set out from England they were headed to a specific port, not the one with the easiest access.

1 point

I agree with the fact that the New England colonies were more successful, but your assumption that the sea route to the New England colonies was better than the access to the Chesapeake colonies is wrong. Although the Chesapeake colonies weren't directly accessible off the ocean, it was safer and more practical to have to sail up into the Chesapeake Bay. The bay gave protection to the ships coming, going, and the docked ones.

2 points

I understand your point that the Chesapeake colonies had much more revenue than the New England colonies, but your argument that being the first colony makes them more successful isn't really valid. The Spanish were really the ones to open the door for the exploration and colonization of the New World.

1 point

The New England colonies, or at least a few of them, formed the New England Confederation. It was one of the first recognizable building blocks of colonial unity. Without the New England colonies' step would the colonies have still united?

0 points

Although the the Chesapeake colonies made a bigger impact in the economic stand point, in my opinion the New England colonies were more successful over all. The settlement at Plymouth was more stable, in that it was an actual colony, not just a whole bunch of spread out plantations. The New England colonists were like little cities that would last longer and had well formed goverments. Their governing was the basis for the government America still has.



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