How did protectionism affect free enterprise in the colonies?

Answer 1

Protectionism in the colonies stifled free enterprise by imposing tariffs and trade restrictions that limited competition and market access for colonial businesses. These policies often favored British goods and manufacturers, hindering the growth of local industries and entrepreneurship. As a result, colonial economies became overly dependent on British imports, reducing economic self-sufficiency and innovation within the colonies. Ultimately, this created tension that contributed to the desire for independence and a more open economic system.