Respuesta :
A successful economic strategy known as mercantilism, which grew in popularity in Great Britain during the 16th and 18th centuries and aimed to grow a country's riches through exports.
Between 1640 and 1660, when mercantilism was at its height, the nation reaped its greatest rewards. At that time, conventional economic wisdom held that the empire's colonies could supply the mother country with resources and raw materials and then serve as export destinations for the manufactured goods.
Great Britain was not the only country to believe that the consequent positive trade balance would improve national income. A strong nation could not exist and be self-sufficient without colonial resources, thus the French, Spanish, and Portuguese competed with the British for colonies. Due to its reliance on its colonies, Great Britain placed limitations on how its colonies could manage their finances and property.
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