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A new economic philosophy that stated that a nation's economic strength depended on keeping and increasing its gold supply?
Wiki User
∙ 9y ago
Developed in the 16th century, the economic philosophy of mercantilism became very popular. It stated that a country's richness and strength could best be shown through the amount of gold it possessed.
Wiki User
∙ 9y ago
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Was a new economic philosophy that stated that a nation's economic strength depended on keeping and increasing its gold supply?
Capitalism was a new economic philosophy that stated that a nation's economic strength depended on keeping and increasing its gold supply.
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refers to increasing the spiritual, political, or economic, strength of individuals and communities
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