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European merchants were concerned about the supply of gold and silver because these precious metals were essential for trade, wealth accumulation, and the stability of currencies. Limited supplies could lead to inflation and economic instability, impacting their businesses and profits. Additionally, gold and silver were crucial for financing overseas ventures and establishing trade routes, making their availability vital for expanding European mercantilism and imperial ambitions.
What else can I help you with?
Producers will not be concerned with demand or supply?
Producers typically are not concerned with demand. Producers however are concerned with supply because they are responsible for the supply.
What is the solution to control inflation in an economy?
Decreasing the money supply. Monetary policies are concerned with the increase or decrease of the money supply.
According to mercantilists the prosperity of a nation depended on?
a large supply of bullion, or gold and silver.
What is the idea that a country gains power by building up its supply of gold and silver?
Merchantilism
What is the idea that a country gains power by building up a supply of gold and silver?
Merchantilism
Producers will not be concerned with demand or supply?
Producers typically are not concerned with demand. Producers however are concerned with supply because they are responsible for the supply.
What was on major of the Ming dynasty's policy to restrict trade between china and Europe?
Pirates and smugglers began to supply European merchants with Chinese goods.
What was one major effect of the Ming dynasty policy to restrict trade between china and Europe?
Pirates and smugglers began to supply European merchants with Chinese goods.
Where can you buy an electric tongue jack?
Construction equipment supply or boating supply merchants.
Which is a consequence of the Ming Dynasty forcing China to avoid contact and trade with other countries?
Pirates and smugglers began to supply European merchants with Chinese goods.
How was silver supply supply in the 1990's?
The early 1990s saw dramatic reductions in secondary silver supply. Compared with the early 1980s, silver supply from scrap during the 1990s fell to approximately half its former level
How would you run a report that included only office supply merchants?
Select MCC group from the list and then office supply from the list
What money was used in the year 1170?
Principally silver, a new source of which had just been found in Freiberg in Saxony, starting a prolonged European upturn in money supply and prices.
How was silver supply in the 1990's?
The early 1990s saw dramatic reductions in secondary silver supply. Compared with the early 1980s, silver supply from scrap during the 1990s fell to approximately half its former level
What attracted the farmers to the great plains during the 1800s?
there was gold or silver strikes that made miners arrive and build a tent city. then merchants arrive to supply miners. then wood-frame structures replace tents. then either its a boomtown or the town applied for statehood. then gold or silver pruduction falls. miners more on. stores close and merchants leave. town is abandoned. it becomes a ghost town.....
How did merchants lead to the establishment of colonies?
Colonial Merchants were people that sold sugar, spices, and other goods to people living in the colonies. A colonial merchant was very beneficial in forming the colonies because with out the merchants there would be no one to supply the settlers with there goods.
What is the solution to control inflation in an economy?
Decreasing the money supply. Monetary policies are concerned with the increase or decrease of the money supply.
