Was mercantilism a good policy for Europe's colonies?

Mercantilism, which prioritized state control over economic resources and trade to enhance national power, often had detrimental effects on Europe's colonies. While it aimed to enrich the colonial powers through strict trade regulations and resource extraction, it frequently stifled local economies and limited the colonies' economic development. Colonists were typically forced to trade only with the mother country, leading to dependency and exploitation. Overall, while it benefited European nations, it was largely detrimental to the colonies themselves.