British Navigation Acts are finally repealed

(38 words)
  • Editors

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The British Navigation Acts are finally repealed. They had first come into effect in 1651 as part of a mercantilist approach to commerce, but now the philosophy of laissez-faire and free trade has become predominant in British political culture.

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Citation:
Editors. "British Navigation Acts are finally repealed". The Literary Encyclopedia. First published 30 December 2011
[http://www.litencyc.com/php/stopics.php?rec=true&UID=18215, accessed 22 May 2013.]