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The object of mercantilism was to increase the wealth of the Mother Country.
Gold and Silver
wealth
Merchantilism was giving way to free trade during the 18th century. Merhantilism is where a country believes whoever holds the most money is the best country. The country's worth is determined by its wealth. The wealth was determined by the amount of gold one holds.
The theory of mercantilism held that a country's power depended mainly on its wealth. Wealth after all, allowed nations to build strong navies and purchase important goods. As a result to the policy of mercantilism the goal of every nation became the attainment of as much wealth as possible. Saying this they can increase their wealth by balance of trade and the economic revolution changes european society source- Honors World Civ book
The object of mercantilism was to increase the wealth of the Mother Country.
Gold and Silver
wealth
Merchantilism was giving way to free trade during the 18th century. Merhantilism is where a country believes whoever holds the most money is the best country. The country's worth is determined by its wealth. The wealth was determined by the amount of gold one holds.
The theory of mercantilism held that a country's power depended mainly on its wealth. Wealth after all, allowed nations to build strong navies and purchase important goods. As a result to the policy of mercantilism the goal of every nation became the attainment of as much wealth as possible. Saying this they can increase their wealth by balance of trade and the economic revolution changes european society source- Honors World Civ book
Mercantilism was about building up the nation's wealth in terms of hard cash.
Mercantilism is the economic system that equates a nations wealth with the amount of its gold and silver. Mercantilism was in effect from the 16th to 18th century in France.
Mercantilism
A state's power depended on its wealth.
mercantilism
mercantilism
Jean-Baptiste Colbery had sought to increase the wealth and power of France by following the ideas of mercantilism.