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Alaska's fish, forests,and minerals were worth a lot and people who came to Hawaii set up plantations there and got rich.

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Pinkie Davis

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2y ago
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11y ago

Alaska's fish, forests,and minerals were worth a lot and people who came to Hawaii set up plantations there and got rich.

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Q: Why did adding Alaska and Hawaii increase the wealth of the US?
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How to build wealth?

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According to mercantilism principles what were the two ways a nation could increase their wealth?

The object of mercantilism was to increase the wealth of the Mother Country.


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To increase a countries wealth.


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The effect of the gold discovery on Alaska?

It created a stampede of people seeking instant wealth.


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What is the concept of maximization of shareholder wealth Why is wealth maximization better than profit maximization Wealth maximization?

The concept of maximizing share holder wealth is a goal that encompasses everything that is expected out of a management. when would share holder wealth increase? Either by dividends or by increase in value of the shares. When can a company declare dividends or when would a company's share value increase? when its profits increase, its net sales and revenue increase etc. so indirectly by trying to achieve one goal we are attaining some other goals that are very important for a company's existence.