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Mercantilists stated that a country's wealth and strength came from the ability to?

A country's wealth and strength depended on the ability to balance its trade. According to the mercantilists, trade shoud be controlled by the government , a balance should be maintained so that a country would export more goods than import from other countries. A country should exploit national resources - from home or colonial territories. They considered gold -or bullion was considered as all-important in a balanced economy.


Should a developed country help developing countries?

Yes, Australia regularly helps developing countries both in the form of government funded aid and aid from the private sector.


How do city systems work in developed countries?

why should i know


If a country is developed and the birth rate is decreasing is it good or bad?

A decreasing birth rate can be either a good thing or a bad thing. Ideally, the women in a developed country should, on average, give birth to 2.1 children during their lifetimes. This leads to population stability in the long run. If, women average fewer than 2.1 children, the country's population will eventually decline. Population decline could result in a corresponding decline of the country's power and influence. Another consequence of low birth rates is an increase in the proportion of elderly persons in the population, which in turn results in an increasing burden on a country's health care resources and pension plans. Conversely, if women have an average of more than 2.1 children, the population will increase and will place a greater strain on the earth's environment and natural resources.


What was the british policy of mercantilism?

Government should regulate the trade to increase revenue and power. Colonies should serve the mother country. Mother country served by selling manufactured goods to the colonies.

Related Questions

Is UAE a developed country?

it is unfortunate that an average individual classify a country as developed by its physical infrastructure, UAE is no where an industrialized (transitional) country not to classed developed, development constitute economically, infrastructural, human and social development, they must go along in hand, before a country can be classed developed, the countries on transitions are the countries where fully developed countries emerge from, in other hands UAE is has infrastructural, human and social development, but no where close to economical development, they are far from been economically developed, and there is a big minus, and the reason why they are still a developing country, UAE has no industrial base, if they can close this gap, they can be considered, i am an economist, if you are to consider a country to be on the list of a fully developed countries, that country should be Malaysia, if there should be a new term as newly developed countries, Malaysia and turkey, will be in that list. not UAE, far from been on that list.


What country is the number 1 country in whole world in 2011?

It depends on what you rank countries by. Usually, development is used to determine which country is the "best", although many other aspects should play a factor. However, in my opinion, the answer is Norway. Norway is the most developed nation, one of the least corrupt, is environmentally advanced, has a large, stable economy, etc.


Should cavemen be considered brilliant?

Yes because the made their own tools and developed their own language


During the colonization period how did the countries involved in this practice benefit?

Theoretically both countries should have benefited. The colony should have become more developed and the coloniser should have enriched itself from the new resources. In practice this seldom happened. The colonising country did indeed enrich itself often to the detriment of the less developed country.


What should I know before choosing a wireless internet provider?

Pricing, reliability, and speed are considered the three most important aspects.


Is Oman undeveloped?

Oman does not yet have all the facilities a fully developed country should have.


Can you give me a short good speech on independence day?

It should express your sense of pride and pleasure in talking about your country..you should convey all good aspects of living in an independent nation.....


When is a Good time to get a second mortgage?

There are many factors that should be considered. Interest rates, avoiding PMI, and how badly you need the extra cash are all important aspects and should be weighed together.


What should you do if you find out you are pregnant while working abroad?

You have gone there to work. That means the country is well developed. You can decide to continue or get the pregnancy terminated.


What things should be considered when looking for a website that offers free photo storage?

There are many aspects you should look for in a photo storage website. The first is one of the more important aspects, which is the user interface. A good website will have and interface that is easily understood by anyone. The next to look for are reviews. A good website will have good reviews on many aspects. However it is imperative to ensure the reviews are legitimate.


How is the population of Bangladesh assets?

Yes, the people of a country of country is the asset of that country. But there are some important obstacle behind this like if the government can't serve her people. Developing country like Bangladesh should utilize her man power. this is the first & main key to be developed for a country .


Should aspects of expense and time be considered in creativity projects?

If one wishes to make money doing creative projects, then time and expense should be considered. Operating a craft business is just like operating any other business when it comes to calculation of profits and pricing.