Final answer:
Trans-Atlantic trade and Great Britain's mercantilist policies greatly influenced the economic development of British North America from 1650 to 1750.
Step-by-step explanation:
The economic development of British North America from 1650 to 1750 was significantly influenced by trans-Atlantic trade and Great Britain's mercantilist policies. Trans-Atlantic trade involved the exchange of raw materials from the colonies to the mother country in exchange for manufactured goods. This trade network, established through Navigation Acts, benefitted both the colonies and Britain. The colonies experienced economic growth and an improvement in their standard of living, while Britain gained access to valuable resources and increased its power over its European rivals.
Great Britain's mercantilist policies aimed to increase the wealth and power of the mother country. The Navigation Acts restricted colonial trade to benefit the British economy. The colonists were prohibited from selling their goods to other European merchants and were only allowed to trade within the British Empire. This policy ensured that British merchants paid colonists less for their goods and prevented competition from other European powers.
In conclusion, trans-Atlantic trade and Great Britain's mercantilist policies played a significant role in shaping the economic development of British North America during the period from 1650 to 1750. The colonies supplied raw materials, which contributed to Britain's industrial growth, and in return, received manufactured goods from the mother country. This trade network boosted the colonies' economy and improved their standard of living.