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# Colonial Economic System Implementation

## Definition

The practical application of different approaches to colonial management, including the establishment of trade regulations, administrative structures, and enforcement mechanisms. Implementation quality significantly affects the effectiveness of different policy approaches.

## Source Chapter

Book IV, Chapter 7

## Context

Smith examines how different colonial policies are implemented in practice, arguing that monopoly approaches often fail due to poor implementation and unintended consequences. He contends that more open arrangements would be easier to implement effectively.

## Economic Domain

Regulation

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