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How do you judge the wealth of a country?

The best way to determine the wealth of a country is to examine it's resources. If a country has excellent medical care and schooling then they are likely rather wealthy.


What best describes the economic policy of mercantilism?

Colonies creating wealth for the mother country.


Is wealth the best legacy?

that depends on you. what would you use you wealth for. would it make a difference people would remember?


What was mercantilism giving way to?

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.


What is the relationship of a country's wealth and the life expectancy of its citizens?

If the life expectancy is high, then the wealth of the country will be high as well


What BEST describes a country's biological wealth?

A country's biological wealth refers to the variety and abundance of plant and animal species within its borders, which contribute to its biodiversity. This wealth can provide essential ecosystem services, support industries such as agriculture and tourism, and offer potential sources of new medicines and genetic resources for research. Preserving and sustainably managing this biological wealth is crucial for the well-being of both the country and the planet as a whole.


What Scandinavian country has oil wealth?

Norway is the Scandinavian country that has oil wealth, primarily due to its significant oil reserves in the North Sea. The country has managed its oil wealth through the Government Pension Fund Global, one of the world's largest sovereign wealth funds.


How did colonies make england rich?

Through the English economic system of mercantilism - colonies providing the mother country with wealth.


What did queen Isabella and king Ferdinand do to make Europe powerfull?

They were the ruler of a super power country and they sent Christopher Columbus out to steal anything he could from other countries and bring it back to Queen Isabella to raise her wealth. And with wealth comes power to her country.


Who is responsible for wealth distribution?

Specifically, if you mean wealth distribution in a certain region or country - the government of that country is the one responsible for managing and distributing the wealth of the country to its people to job creations, housing and other infrastructure and road development, education development programs, and a lot more.


What is the country ideology?

The country ideology was the British political philosophy that held country gentlemen to be the best fit for leadership. This was believed in part because country gentlemen had vast wealth and could not be easily corrupted by Walpolian politics (patronage). It was assumed that the country gentlemen would make the best decision for the community or nation, as his interests were inextricably tied to his decision as well. The country gentlemen, then, was above politics for favors. The universally recognized concept of republicanism, doing what is right for the whole instead of making decisions for selfish reasons, would be natural and proper for the country gentlemen.


Which country has exreme wealth?

more than one.