British Empire · World History

What was the primary objective of the British 'mercantilism' policy during the early stages of empire?

  1. To encourage free trade with all European rivals
  2. To maximize exports and accumulate gold by controlling colonial trade
  3. To promote industrialization within the colonies themselves
  4. To transition the empire into a socialist collective
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Correct answer: To maximize exports and accumulate gold by controlling colonial trade

Mercantilism was an economic theory that colonies existed solely to enrich the mother country. Britain enforced laws like the Navigation Acts to ensure colonial resources were shipped only to British ports.

Difficulty: Medium Question 4 of 20

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