Why mercantilism advantages England?

Answer 1

Mercantilism provided England with a structured economic framework that prioritized the accumulation of wealth through trade and colonial expansion. By establishing colonies, England secured access to raw materials and markets for its manufactured goods, thus boosting its economy. Additionally, mercantilist policies encouraged a favorable balance of trade, where exports exceeded imports, strengthening England's financial position and global influence. This system also fostered national unity and competition with rival nations, further solidifying England's power.