What economic theory did england try to use to control its colonies

Mercantilism was  economic theory did england try to use to control its colonies, it was system that developed in 17 century due the creation of mdoern days polcie saatet with centralzied amdinistration, it main pourpose was tha gain resorurces from colonies manufacture goods from them in motehr countries and sell them bback to colonies

To be honest i thinks its between the first answer and the third answer