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According to mercantilists the prosperity of a nation depended on?
Wiki User
∙ 14y ago
a large supply of bullion, or gold and silver.
Wiki User
∙ 14y ago
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What do mercantilists advocate that a nation do?
A large supply of bullion
The growth of the nation's economy during the 1920's was called?
coolidge prosperity
What do mercantilists believe a country should do?
A colony or territory should benefit the "mother" nation. Should be more imports than exports. Hard cash (gold, silver) is most valuable.
What exchange rate system depended on precious metals as backing for the nation's currency?
gold standard
What does GDP have to do with prosperity?
GDP is the gross domestic product. It is a pretty accurate indicator of the wealth of an entire nation. If a nation is wealthy, then chances are most of the people within that nation are somewhat wealthy as well.
What do mercantilists advocate that a nation do?
A large supply of bullion
Why did farmers of the constitution believe that prosperity of the nation depended on a free enterprise system?
Other systems do not work. They were smart enough to choose the best system.
Ronald Reagan said that the safefy of a nation depended on defense?
Ronald Reagan said that the safety of a nation depended on defense. This is mostly true, because defense is the only way to protect against attacks.
Is it true that Ronald Reagan said that the safety of a nation depended on defense?
yes
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.
The greater east Asia co prosperity sphere was controlled by which nation?
Japan .
What is the presidents main goal?
To bring peace, prosperity, freedom, and security to their nation.
Use industry in a simple sentence?
Science and industry are keys to a nation's prosperity.
The growth of the nation's economy during the 1920's was called?
coolidge prosperity
What do mercantilists believe a country should do?
A colony or territory should benefit the "mother" nation. Should be more imports than exports. Hard cash (gold, silver) is most valuable.
What exchange rate system depended on precious metals as backing for the nation's currency?
gold standard
What did it mean to be a satellite to the USSR?
A satellite depended financially, economically, and militarily on the USSR. This is called a "satellite nation".
