How did Burke think losing the colonies might affect trade and the British imperial economy?

The main thing for Burke is to understand the representative government.

Explanation:

Industrialization and imperialism are the two most important components for Great Britain to become the most powerful in the world. The imperialism age increased the gap between the developed nation of the country Europe and all the underdeveloped region. The imperial powers misused the land for their own benefit. They mostly used the land for their own economic and political purpose. The British Empire used to utilize imperialism for its own economic gain and stability which had an adverse effect on the British profit thus resulted in losing the colonies as well as the trade also reduced.