NAVIGATION ACTS 1849

Question 1

What were the economic reasons for the repeal of the navigation acts?

Answer 1

By 1849 a central part of British import strategy was to reduce the cost of food through cheap foreign imports

Question 2

What were the political reasons for the repeal of the Navigation Acts?

Answer 2

Peel hoped bt removing them it would clear the way for the corn laws

The use of the navy rather than customs officials to enforce Salutary neglect was very unpopular and led to rebellion which led to the repeal

New merchants in Parliament after 1832 reform act and middle class voters pushes for the repeal to allow increased growth in global market shares

Question 3

How did individuals and ideology encourage the repeal of the Navigation Acts?

Answer 3

The influence of free trade philosophy

Question 4

What was the significance of the repeal of the Navigation Acts?

Answer 4

Marked the end of protectionism and the dominance of FT

Began an informal empire- where private companies traded and acted on behalf of the British government, e.g. East India

60 year after the repeal, the volume of world trade grew x10

Question 5

Why was the repeal of the Navigation Acts?

Answer 5

Eventually ended free trade, but not completely until end of 1900s