The Navigation Acts of the 1650s and 1660s Were Designed

question 53

Multiple Choice

The Navigation Acts of the 1650s and 1660s were designed to regulate colonial trade in order to

• A) line the pockets of those sitting in the House of Lords.
• B) yield revenues for the crown and English merchants.
• C) tax the exports of New England and the middle colonies.
• D) ensure that all nations had equal access to American goods.

---

Definitions:

Amount Collected

The total money received or gathered from various sources, such as payments or sales.

Direct Materials Purchases

The acquisition of raw materials that are directly incorporated into a finished product during the manufacturing process.

Budgeted Cash Disbursements

An estimation of all cash payments that a business expects to make over a specified period, often part of a cash flow forecast or budget.

Wages Expense

The total amount of monetary compensation paid to employees for services rendered during a specific period.