How did mercantilism (The economic policy that emphasizes government control and regulation of trade to accumulate wealth) impact the American colonies?(1 point)

Question

Responses

It had no impact on the colonies' economy
It had no impact on the colonies' economy

It restricted the colonies' ability to trade with countries other than Britain
It restricted the colonies' ability to trade with countries other than Britain

It encouraged the colonies to develop their own industries and become self-sufficient
It encouraged the colonies to develop their own industries and become self-sufficient

It allowed the colonies to trade freely with other countries

Answer 1

The most accurate response regarding the impact of mercantilism on the American colonies is:

It restricted the colonies' ability to trade with countries other than Britain.

Mercantilist policies enforced by Britain limited the colonies' trade to British markets and regulated their economic activities to benefit the mother country, which hindered their ability to trade freely with other nations.