Question

What was the Mercantilist Policy of the British​

Answer 1

Answer:

The British put restrictions on how their colonies spent their money so that they could control their economies. They put limits on what goods the colonies could produce, whose ships they could use, and most importantly, with whom they could trade.

Answer 2

Mercantilism in Great Britain consisted of the economic position that, in order to increase wealth, its colonies would be the supplier of raw materials and exporter of finished products. Mercantilism brought about many acts against humanity, including slavery and an imbalanced system of trade.