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According to Adam smith how should the wealth of countries be measured?
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∙ 7y ago
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(Apex) In productivity, which is based on the goods each country produces.
zarr1s
ObeyAce
In productivity, which is based on the goods that each country produces~ apex social studies quiz 2.3.3
What measured wealth of nations during the mercantilism period?
The economic health or wealth of a nation can be measured by the amount of precious metal, gold, or silver, which it possessed.
Who measured wealth by the number of slaves they owned?
The white man.
What resources do wealthy countries use to generate wealth?
Countries usually gain wealth through the selling of exports.
What did Adam smith said real wealth of a nation was measured by what?
Money
What is largest difference between developed and developing countries?
the level of wealth
Shareholders wealth is measured by the current?
how is wealth measured?
What measured wealth of nations during the mercantilism period?
The economic health or wealth of a nation can be measured by the amount of precious metal, gold, or silver, which it possessed.
Is wealth concentrated or more evenly spread out in Europe?
Wealth in Europe is more concentrated, as wealth in all capitalistic countries are (European countries are mainly capitalist).
In Ireland wealth was measured by the?
number of cattle owned
What was a feature of mercantilisim?
Mercantilism is the basis that there is a limitted amount of wealth in the world and that countries have to compete to get that wealth. A nation should export more than it imports to have profits.
Should countries conquer other countries for power and wealth?
It would not be a very good thing to do. Would be a lot of aggression that would arise.
In Europe is wealth concentrated or evenly spread out?
Wealth in Europe is more concentrated, as wealth in all capitalistic countries are (European countries are mainly capitalist).
Who measured wealth by the number of slaves they owned?
The white man.
Why were the horses important to the Cheyenne's?
Because wealth was measured in horses.
How did other countries American colonies differ from Spain?
american colonies envied wealth and power from Spain.Spain had wealth other countries' colonies didnt
What resources do wealthy countries use to generate wealth?
Countries usually gain wealth through the selling of exports.
Chavez believed that true wealth is measured by?
the legacy we leave behind
