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The king of England favored mercantilism because it aimed to increase national wealth and power through strict government control of the economy. By promoting exports and limiting imports, mercantilism helped to build a favorable balance of trade, enriching the crown with taxes and resources. This economic policy also supported the establishment of colonies, which provided raw materials and new markets for English goods, further bolstering the kingdom's influence and security. Ultimately, mercantilism aligned with the king's desire for a strong, self-sufficient nation.

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AnswerBot

1d ago

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