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What did mercantilists believe was necessary for a country to become wealthy and powerful?
Mercantilists believed that to become wealthy and powerful, a country needed to accumulate precious metals, particularly gold and silver, through a favorable balance of trade. They argued that nations should export more than they import, thereby generating trade surpluses. Additionally, mercantilists promoted government intervention in the economy, including tariffs and subsidies, to protect domestic industries and enhance national strength. Overall, they viewed wealth as a zero-sum game, where one nation's gain was another's loss.
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What did the mercantilists believe?
Mercantilism is the belief that colonies exist for the benefit of the mother country.
What do mercantilists believe?
They believe in the use of colonies for the benefit of the mother country, otherwise they tip the trade so it benefits the mother country.
What did mercantilists believe?
They believe in the use of colonies for the benefit of the mother country, otherwise they tip the trade so it benefits the mother country.
What did a country have to do in order to become wealthy and powerful according to mercantilists?
According to mercantilists, a country had to accumulate wealth primarily through a favorable balance of trade, meaning it should export more goods than it imports. This involved establishing and maintaining strong manufacturing sectors, securing colonies for resources and markets, and implementing protectionist policies to shield domestic industries from foreign competition. Additionally, mercantilists believed that increasing national reserves of gold and silver was essential to bolster a nation’s power and influence.
What do mercantilists believe a country should do?
A colony or territory should benefit the "mother" nation. Should be more imports than exports. Hard cash (gold, silver) is most valuable.
What did the mercantilists believe?
Mercantilism is the belief that colonies exist for the benefit of the mother country.
What did mercantilists believe?
They believe in the use of colonies for the benefit of the mother country, otherwise they tip the trade so it benefits the mother country.
What do mercantilists believe?
They believe in the use of colonies for the benefit of the mother country, otherwise they tip the trade so it benefits the mother country.
Did Mercantilists assume that the colonies only existed to enrich the mother country?
yes
What do mercantilists believe a country should do?
A colony or territory should benefit the "mother" nation. Should be more imports than exports. Hard cash (gold, silver) is most valuable.
What is Mercantilists?
a policy based on on the idea that a country should sell more goods than it buys
What country is a series of islands and has Asia's most powerful economy?
I believe it is Japan
Why is the president is the most powerful person in the country?
Many believe that running the world's most powerful country makes the president the most powerful person in the world.
What coantrydoes a sheep an yellow flower represent?
I believe that it represents the great powerful country of WALES
What is a common North Korea job?
Military jobs or farming. North Korea believe that to be a strong and powerful country you need to have a powerful and strong military.
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.
Which is the powerful country?
The powerful country is the USA
