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Martin Luther Beginning of Paper Economics in Colonial America During the 1500's to 1800's, the strength and stature of a country depended upon its political power, which can be traced to how self-sufficient it was. Striving to be self-sufficient was what nations sought after; dependency was not a characteristic .... Middle of Paper .... of the colonies. This grip caused the central economy of Spain to grow at the expense of the colonies. During the duration of this period, the 1500's through the 1700's, mercantilism had a major effect on the economies in the new world. English speaking colonies were effected by England's policies and acts. These policies and acts were means of controling the economy of the colonies in America and strengthen the central government of England. Dutch traders had the commercial vessel market well cornered in the 1640's. It wa .... 1628 words | 6 pages Subscription Length Price Join 30 days membership (recurring) $19.95 90 days membership (recurring) $39.95 180 days membership (non-recurring) $69.95