Mercantilism In Colonial England

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The British believed that the colonies solely existed to benefit the home land, not the settlers that worked and lived in the colonies. The economic doctrine that the British government used was referred to as Mercantilism. The power of the nation was dependent on the value of the exports it produced. With the government controlling the foreign trade they felt more powerful than they were. British government installed numerous restrictions on to the colonies. This determined how certain colonies within the kingdom could spend money, enabling a tighter grip on the economy. The long arm of Brittan was able to control the goods the colonies could harvest or produce, even who they could trade with and the ships that could be used. This greatly

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