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What did the mercantilists believe?
Mercantilism is the belief that colonies exist for the benefit of the mother country.
What do mercantilists believe?
They believe in the use of colonies for the benefit of the mother country, otherwise they tip the trade so it benefits the mother country.
What did mercantilists believe?
They believe in the use of colonies for the benefit of the mother country, otherwise they tip the trade so it benefits the mother country.
Why did mercantilists believe that nations should set up over seas colonies?
because. They farted
What did mercantilists believe was necessary for a country to become wealthy and powerful?
Mercantilists believed that to become wealthy and powerful, a country needed to accumulate precious metals, particularly gold and silver, through a favorable balance of trade. They argued that nations should export more than they import, thereby generating trade surpluses. Additionally, mercantilists promoted government intervention in the economy, including tariffs and subsidies, to protect domestic industries and enhance national strength. Overall, they viewed wealth as a zero-sum game, where one nation's gain was another's loss.
What did the mercantilists believe?
Mercantilism is the belief that colonies exist for the benefit of the mother country.
What did mercantilists believe?
They believe in the use of colonies for the benefit of the mother country, otherwise they tip the trade so it benefits the mother country.
What do mercantilists believe?
They believe in the use of colonies for the benefit of the mother country, otherwise they tip the trade so it benefits the mother country.
What is Mercantilists?
a policy based on on the idea that a country should sell more goods than it buys
Why did mercantilists believe that nations should set up over seas colonies?
because. They farted
What did mercantilists believe was necessary for a country to become wealthy and powerful?
Mercantilists believed that to become wealthy and powerful, a country needed to accumulate precious metals, particularly gold and silver, through a favorable balance of trade. They argued that nations should export more than they import, thereby generating trade surpluses. Additionally, mercantilists promoted government intervention in the economy, including tariffs and subsidies, to protect domestic industries and enhance national strength. Overall, they viewed wealth as a zero-sum game, where one nation's gain was another's loss.
Mercantilists stated that a country's wealth and strength came from the ability to?
A country's wealth and strength depended on the ability to balance its trade. According to the mercantilists, trade shoud be controlled by the government , a balance should be maintained so that a country would export more goods than import from other countries. A country should exploit national resources - from home or colonial territories. They considered gold -or bullion was considered as all-important in a balanced economy.
Did Mercantilists assume that the colonies only existed to enrich the mother country?
yes
What did a country have to do in order to become wealthy and powerful according to mercantilists?
According to mercantilists, a country had to accumulate wealth primarily through a favorable balance of trade, meaning it should export more goods than it imports. This involved establishing and maintaining strong manufacturing sectors, securing colonies for resources and markets, and implementing protectionist policies to shield domestic industries from foreign competition. Additionally, mercantilists believed that increasing national reserves of gold and silver was essential to bolster a nation’s power and influence.
What person did Plato believe should rule a country?
He believed that the person who should rule the country was not the richest but the wisest.
What did JFK believe?
He believed that the Country should not help us but we should help it
Where did most of the founders of this country believe most of the power of government should be?
It depends which country you are referring to.
