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.
a large supply of bullion, or gold and silver.
A large supply of bullion
According to mercantilism, the prosperity of a nation depended on its accumulation of wealth, primarily measured in gold and silver. This economic theory emphasized a positive balance of trade, where exports exceeded imports, to enhance national wealth. Mercantilists believed that government intervention was crucial in regulating the economy, promoting exports, and limiting imports to achieve these goals. Overall, the focus was on maximizing national resources to strengthen the state.
A colony or territory should benefit the "mother" nation. Should be more imports than exports. Hard cash (gold, silver) is most valuable.
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.
a large supply of bullion, or gold and silver.
A large supply of bullion
It would depend on which nation you mean
A colony or territory should benefit the "mother" nation. Should be more imports than exports. Hard cash (gold, silver) is most valuable.
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.
coolidge prosperity
Science and industry are keys to a nation's prosperity.
Japan .
To bring peace, prosperity, freedom, and security to their nation.
It is obviosly an independent nation!( :
It would depend on which nation you mean
true