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A large supply of bullion
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According to mercantilists the prosperity of a nation depended on?
a large supply of bullion, or gold and silver.
What does the prosperity of a nation depend on to mercantilists?
Mercantilists believed that the prosperity of a nation depended primarily on its accumulation of wealth, particularly in the form of gold and silver. They argued that a favorable balance of trade—exporting more than importing—was essential for national prosperity. Additionally, mercantilists emphasized the importance of government intervention in the economy to protect domestic industries and enhance exports, thus ensuring the nation's economic strength and self-sufficiency.
What did mercantilist advocate that a nation do?
A large supply of bullion
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 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.
According to mercantilists the prosperity of a nation depended on?
a large supply of bullion, or gold and silver.
What does the prosperity of a nation depend on to mercantilists?
Mercantilists believed that the prosperity of a nation depended primarily on its accumulation of wealth, particularly in the form of gold and silver. They argued that a favorable balance of trade—exporting more than importing—was essential for national prosperity. Additionally, mercantilists emphasized the importance of government intervention in the economy to protect domestic industries and enhance exports, thus ensuring the nation's economic strength and self-sufficiency.
What did mercantilist advocate that a nation do?
A large supply of bullion
How can we advocate global citizenship?
THere is no such thing. EVERYONE is a citizen of SOME nation.
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 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 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.
What basic assumption did mercantilists hold about their colonies?
Lick a nut
What has the author William F Keller written?
William F. Keller has written: 'The Nation's advocate'
Why are the mercantists suspicious of multinational co-operations?
Mercantilists are suspicious of multinational corporations because they prioritize national interests and economic self-sufficiency. They believe that these corporations can undermine local industries and economies by prioritizing profits over national welfare, leading to job losses and capital outflows. Additionally, the global reach of multinationals can diminish a nation's ability to regulate its economy effectively, resulting in a loss of sovereignty and control over vital resources. Overall, mercantilists view multinationals as potentially harmful to the economic stability and security of the nation-state.
Did Mercantilists assume that the colonies only existed to enrich the mother country?
yes
What did the mercantilists believe?
Mercantilism is the belief that colonies exist for the benefit of the mother country.
