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Mercantilism

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What is the theory that a state or nations power depends on its wealth?

mercantilism


The theory that a states power depends on its wealth is called?

Mercantilism


The theory that sees wealth as the basis of power is?

The theory is called "plutocratic theory", which characterizes a plutocracy.


According to the theory of mercantilism a nation's power is based on its?

wealth


What was the economic policy of mercantilism.?

A state's power depended on its wealth.


What theory is oriented toward the economic and political interests of those in power?

Conflict theory is the theory that is oriented toward the economic and political interests of those who are in power. The person or people in charge are those with the most social and economic resources.


The most important centers for economic power and wealth are?

World Cities


The most important centers for economic power and wealth are what?

World cities


Whose theory stated that a nations power is measured by its gold reserves?

Economic Theory


Who made the power elite in mills's theory of power?

Economic, military, and government leaders


What theory stated that a country's power was measured by the amount of gold and silver it owned?

The theory that stated a country's power was measured by the amount of gold and silver it owned is known as mercantilism. This economic theory was popular in Europe from the 16th to 18th centuries and emphasized the accumulation of wealth through trade surpluses, export promotion, and the acquisition of precious metals.


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.