In the fifteenth century, European nations embarked on discovering the world primarily for the purpose of trading goods. Along the way these explorers established colonies on every continent of the world. The Dictionary of Human Geography defines colonialism as a state centralized system of power, often distinguished by economic exploitation and with astounding disregard for the colonies (D. Gregory, R. Johnston, G. Pratt, M. Watts & S. Whatmore 2009). Great Britain was no stranger to colonialism, and since the first settlers arrived at Jamestown, the British Empire expanded its control over the first thirteen colonies for nearly 170 years. An intricate part of colonialism was the economic doctrine of Mercantilism. In Companion to British History, Mercantilism is explained as a basic economic theory to increase the country’s wealth by amassing gold. He listed amongst other aspects of the theory the following trade policies: trade restraints by prohibition, taxation on imported goods which could be produced in the colony, prohibition of imports from countries with unfavorable trade balance, goods exported to colony had to pass through home country ports first, establishment of trade treaties, and the regulation of colonial trades so that the colony’s raw materials were exported to the imperial power in exchange for the import of that power’s manufactured goods (2008 Charles Arnold-Baker). At the end of the French and Indian wars in 1763 and in order to fund the British debt from that war, Great Britain began to exercise more control over the colonies by passing trade acts to include increased taxation. The Sugar Act of 1764, increase the duties on sugar and many other raw materials which restricted the colonies’ ability to trade, impacting their economy negatively. In 1765, two acts were passed in British Parliament: the Quartering Act and the Stamp Act,