<P> The Board of Trade is a British government department concerned with commerce and industry , currently within the Department for International Trade . Its full title is The Lords of the Committee of the Privy Council appointed for the consideration of all matters relating to Trade and Foreign Plantations , but is commonly known as the Board of Trade , and formerly known as the Lords of Trade and Plantations or Lords of Trade , is a committee of the Privy Council of the United Kingdom . It was first established as a temporary committee of England 's Privy Council to advise on colonial ( plantation ) questions in the early 17th century , when these settlements were initially forming . The Board would evolve gradually into a government department with considerable power and a diverse range of functions , including regulation of domestic and foreign commerce , the development , implementation and interpretation of the Acts of Trade and Navigation , and the review and acceptance of legislation passed in the colonies . Between 1696 and 1782 the Board of Trade , in partnership with the various secretaries of state over that time , held responsible for colonial affairs , particularly in British America . The Home Secretary held colonial responsibility until 1801 when the Secretary of State for War and the Colonies was established . </P>
<P> The Board of Trade is a British government department concerned with commerce and industry , currently within the Department for International Trade . Its full title is The Lords of the Committee of the Privy Council appointed for the consideration of all matters relating to Trade and Foreign Plantations , but is commonly known as the Board of Trade , and formerly known as the Lords of Trade and Plantations or Lords of Trade , is a committee of the Privy Council of the United Kingdom . It was first established as a temporary committee of England 's Privy Council to advise on colonial ( plantation ) questions in the early 17th century , when these settlements were initially forming . The Board would evolve gradually into a government department with considerable power and a diverse range of functions , including regulation of domestic and foreign commerce , the development , implementation and interpretation of the Acts of Trade and Navigation , and the review and acceptance of legislation passed in the colonies . Between 1696 and 1782 the Board of Trade , in partnership with the various secretaries of state over that time , held responsible for colonial affairs , particularly in British America . The Home Secretary held colonial responsibility until 1801 when the Secretary of State for War and the Colonies was established . </P>
why did parliament create the board of trade in 1696
why did parliament create the board of trade in 1696
It was first established as a temporary committee of England 's Privy Council to advise on colonial ( plantation ) questions in the early 17th century , when these settlements were initially forming
It was first established as a temporary committee of England 's Privy Council to advise on colonial ( plantation ) questions in the early 17th century , when these settlements were initially forming