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# Colony Economic System Objectives

## Definition

The goals and purposes that guide colonial economic policy, which Smith argues
are often misaligned with the actual interests of both colonies and the mother
country due to mercantilist misconceptions.

## Source Chapter

Book V, Chapter 3

## Context

Smith critiques the objectives of colonial economic systems, arguing that they
are often based on mercantilist principles that do not serve the true interests
of either colonies or the mother country.

## Economic Domain

Regulation

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