What did mercantilism do for England?

Mercantilism significantly shaped England's economic policies by promoting government regulation of the economy to enhance national power. It encouraged the establishment of colonies to secure raw materials and create markets for English goods. This system aimed to achieve a favorable balance of trade, leading to increased wealth and resources for England, which supported its emergence as a dominant global power during the 17th and 18th centuries. Overall, mercantilism laid the groundwork for England's expansion and influence in international trade.