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11 November, 20:23

How did mercantilism impact the colonist?

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  1. 12 November, 00:15
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    Mercantilism, an economic policy designed to increase a nation's wealth through exports, thrived in Great Britain between the 16th and 18th centuries ... The resulting favorable balance of trade was thought to increase national wealth.

    Explanation:

    The colonists resented the idea of mercantilism because it reduced their ability to make money and their freedom to trade with whoever they wanted ... The colonists did not like this because it led the English government to limit how the colonists could trade.
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