Mercantilism, an economic policy designed to increase a nation's wealth through exports, thrived in Great Britain between the 16th and 18th centuries. Between 1640-1660, Great Britain enjoyed the greatest benefits of mercantilism. The resulting favorable balance of trade was thought to increase national wealth.
mercantilism is the belief in the idea that a nation's wealth can be increased by the control of trade: expanding exports and limiting imports. The METROPOLE (mother country) benifits the most
