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During this time, there were many clear aggressions and human rights violations that were committed by imperial European empires on their colonies in Africa, Asia and the Americas, though not all of these were directly rationalized by mercantilism. Mercantilism, did however, lead to the adoption of enormous trade restrictions, which stunted the growth and freedom of colonial business. In the 1660s, for example, Great Britain passed the Navigation Acts.
Mercantilism. 1)a theory that a nation's wealth determined its status or power. This led to nations trying to become as wealthy as possible. 2) a system in which a government controls all economic activity in a country and its colonies to make the government stronger and richer.