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What was the purpose of gold for the Spanish?
Currency, which was squandered on wars and importing goods from other countries.
Why was gold so important to West Africa?
The major reason for importing gold to North Africa is that the North Africans didn't have gold mines so the only way to get gold was to have it imported.
What major countries is gold found in?
All over the world it would be hard to list all of them
What are the top ten gold producing countries?
There are many gold producing countries in the world. Some of the major countries include China, Australia, the United States, Russia, Peru, South Africa, Canada, MExico, Uzbekistan, and Ghana.
Is there any countries still on the gold standard?
No. Currently may countries have central banks that hold gold. But no countries are using gold as an official means of exchange and no countries are backing their currency with gold.
What countries do Australia export minerals such as coal and gold to?
Australia exports minerals such as coal and gold to countries such as China, Japan, South Korea, and India. These countries are major importers of Australian minerals due to their strong industrial and manufacturing sectors.
Did any countries make gold?
Many countries mined/produced gold. And many countries still do.
Why do countries have gold reserves?
countries have gold reserves just in case they run out of glittering gold and if they run out of reserved gold there bugered
How many countries use the gold standard?
There are no countries today that are using the gold standard.
What countries are gold found in?
100s of countries
Which countries do you find gold?
Gold can be found in countries such as China, Russia, Australia, the United States, and South Africa. These countries are known for their significant gold reserves and production.
What is is the difference between Mercantilism and capitalism?
the major difference between the two is mercantalism is based around the government and capitalism around the individual. Mercantalism depends on a trading market of exporting more than importing to increase the gold and silver of a country. Capitalism has supply and demand.
