How did the British practice mercantilism?

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1240754

2026-04-08 07:30

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The British practiced mercantilism by establishing a system that aimed to increase national wealth through a favorable balance of trade. They achieved this by monopolizing trade with their colonies, ensuring that raw materials were sent to Britain for manufacturing and finished goods were sold back to the colonies. The Navigation Acts enforced this system by requiring that goods shipped to and from the colonies be transported on British ships, thereby strengthening the British economy and limiting colonial trade with other nations. This approach ultimately contributed to tensions that led to the American Revolution.

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