What did the concept of mercantilism dictate about the colonial economy?

Question

Quizplus · Accepted Answer

The concept of mercantilism dictated that what was good for the mother country (in this case, England) must become colonial policy. The colonies were expected to provide raw materials and markets for England's finished goods, while England would control colonial trade and ensure a favorable balance of trade. This meant that the colonial economies were restricted and could not develop independently.

What Did the Concept of Mercantilism Dictate About the Colonial