Britain's preoccupation with other colonies led to neglect and lack of enforcement of trade restrictions and colonial duties. ... In all regions of the colonies, merchants attempted to promote economic growth in their region but were stifled by British policies of mercantilism (MultiEducator, 2000). According to Merriam-Webster Dictionary, "mercantilism is an economic system developing during the decay of feudalism to unify and increase the power and especially the monetary wealth of a nation by a strict governmental regulation of the entire national economy through policies designed to s...

• Word Count: 1746
• Approx Pages: 7
• Has Bibliography
• Grade Level: Undergraduate