What was the economic system in England controlled trade of the colonies. The colonies benefitted The Mother Country?

The economic system that controlled trade between England and its colonies was known as mercantilism. This system emphasized that colonies existed primarily to benefit the mother country by providing raw materials and serving as markets for manufactured goods. The Navigation Acts enforced this system by restricting colonial trade to English ships and mandating that certain products could only be exported to England. As a result, while the colonies contributed to the wealth and economic strength of England, their economic activities were heavily regulated to serve British interests.