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Under mercantilism, nations measured wealth primarily through their accumulation of precious metals, particularly gold and silver. The prevailing belief was that a nation's strength and prosperity were directly linked to its stock of these metals, which were seen as the ultimate indicators of economic power. Additionally, nations aimed to achieve a favorable balance of trade, exporting more than they imported, to increase their wealth and maintain a strong economy. This focus on trade surplus and resource control was central to mercantilist policies.

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