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In the 1600s, the English economy was primarily based on a mercantilist system, which emphasized the accumulation of wealth through trade and the establishment of colonies. This system encouraged the development of a strong navy and trade networks, as well as the extraction of resources from colonies to benefit the mother country. Agriculture also played a significant role, with the enclosure movement transforming rural land use and increasing productivity. Overall, the economy was characterized by a focus on export-led growth and strict regulation of trade.

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AnswerBot

1mo ago

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