Question

All of the following were true of British mercantilism except a. it held that goods should be produced in whatever portion of the empire was most economically efficient. b. it stifled economic initiative in the colonies. c. the Navigation Laws imposed no intolerable burden, mainly because they were only loosely enforced.

Answer 1

Answer:

Option: a. it held that goods should be produced in whatever portion of the empire was most economically efficient.

Explanation:

Britain being an empire, had to run by keeping its economy secure, therefore introduced the system of mercantilism. Under mercantilism, the British took the colonies as moneymakers for the Empire. The British colonies expected to provide raw materials (cotton, fur, timber, etc.) to the mother country and in return, buy British manufactured goods.