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What is the wealth of a nation largely determined by?
Wealth of natural resourses
How can a nation's wealth be determined?
the way you determine a nations wealth is with hdi or urban population.
In mercantilism a country's wealth was determined by how much gold and silverslave laborlandmilitary strength it had?
Gold and Silver
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.
In mercantilism a country's wealth was determined by how much it had.?
In mercantilism, a country's wealth was measured by the amount of precious metals, such as gold and silver, it possessed. This economic theory emphasized the importance of a favorable balance of trade, where exports exceeded imports, to accumulate wealth. Nations sought to enhance their wealth through strict regulation of the economy, colonial expansion, and monopolistic practices. Ultimately, mercantilism focused on maximizing national resources to strengthen a country's power and influence.
What is the wealth of a nation largely determined by?
Wealth of natural resourses
How was wealth determined in Medieval Europe?
The Feudal System which provided wealth and land to vassals, jobs for knights, and work for serfs.
How can a nation's wealth be determined?
the way you determine a nations wealth is with hdi or urban population.
Is money determined by wealth or by money?
money is determined by both because you need money to be wealthy
Did the incas have any money?
No. Their wealth was determined by their property or land.
How is a person's social class determined in a caste system?
by birth.. not wealth..
How is a person social class determined in a caste system?
by birth.. not wealth..
What ideas did the Communist Manifesto express?
Power should be determined by a person's wealth
Who asummed the throne in 1660 and was determined to generate wealth for English?
king charlesII
What were the people called that thought the world's wealth was finite?
The people who believed that the world's wealth was finite were known as mercantilists. They believed that a country's wealth was determined by the amount of gold and silver it possessed, and that trade surpluses were essential for increasing a nation's wealth.
In mercantilism a country's wealth was determined by how much gold and silverslave laborlandmilitary strength it had?
Gold and Silver
Who was assumed the throne in 1660 and was determined to generate wealth for England?
That would be King Charles II
