What were the major economic policies and practices of the British Empire?

What were the major economic policies and practices of the British Empire?

The major economic policies and practices of the British Empire included mercantilism, the establishment of colonies for the purpose of extracting resources and establishing trade networks, the promotion of British industries through protectionist measures, the development of infrastructure such as railways and ports, the imposition of tariffs and taxes on colonial goods, and the exploitation of cheap labor in colonies. Additionally, the British Empire implemented policies to control and monopolize key industries, such as the East India Company's control over trade with India and the opium trade in China.