The influence of mercantilism on the British economy is illustrated by the fact that, between 1700 and 1760, __________.

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Mercantilism emphasized the importance of accumulating wealth, particularly gold and silver, through a favorable balance of trade. Under this economic policy, the British government encouraged exports and placed restrictions on imports. The colonies played a crucial role in this system by providing raw materials to the mother country and serving as markets for British manufactured goods. As a result, the value of colonial trade grew substantially between 1700 and 1760, reflecting the influence of mercantilism on the British economy.

The Influence of Mercantilism on the British Economy Is Illustrated