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The most important centers for economic power and wealth are?
World Cities
What economic theory says power depends on wealth?
Mercantilism
What was the economic policy of mercantilism.?
A state's power depended on its wealth.
Why is economic power more important than military power?
economic power is more important because without an economic power we would have a military power.
What was Spain's principal reason for its economic power in the 1500s?
Spain's economic power in the 16th century was the direct result of it's military power which in turn was paid for by the wealth of the New World.
The most important centers for economic power and wealth are?
World Cities
What economic theory says power depends on wealth?
Mercantilism
What was the economic policy of mercantilism.?
A state's power depended on its wealth.
Why is economic power more important than military power?
economic power is more important because without an economic power we would have a military power.
Was economic power important in medieval times?
Economic power is and was important in every period of history
What was Spain's principal reason for its economic power in the 1500s?
Spain's economic power in the 16th century was the direct result of it's military power which in turn was paid for by the wealth of the New World.
How did the economic power shift in Europe in the 1600's?
economic growth and new wealth changed business in Europe because more people had wealth, they started buying more manufactured goods
What has been the global economic trend from 1980 to 2002?
Increased wealth and power for the super-rich, increased insecurity for the vast majority.
What dominated Sumerian city centers?
Sumerian city centers were dominated by massive temple complexes known as ziggurats, which served as both religious and administrative centers. These structures were dedicated to the city's patron deities and symbolized the city's wealth and power. Surrounding the ziggurats were various public buildings, marketplaces, and residential areas, reflecting the complex social and economic life of the Sumerians. The layout of these city centers emphasized the importance of religion and governance in Sumerian society.
What are the contributions of mercantilism to economic thought?
held that a country's power depended mainly on its wealth. As a result, the goal of every nation became the attainment of as much wealth as possible
What is power classified as?
Power is typically classified as either political power, economic power, or social power. Political power refers to the ability to influence decisions and policies, economic power is the ability to control resources and wealth, and social power is the ability to shape beliefs and values within a society.
What economic system used from about the 1500s to the 1700s that held that a nation-s power was directly related to its wealth?
mercantilism
