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What statemet best supports the theory of mercantilsim?
The statement that best supports the theory of mercantilism is that a nation's wealth and power are best served by increasing exports and accumulating precious metals, such as gold and silver. Mercantilism emphasizes the importance of a favorable balance of trade, where exports exceed imports, thereby boosting national wealth. This economic theory prioritizes state intervention and regulation to promote domestic industries and protect national interests.
What statement describes the theory of mercantilism?
The theory of mercantilism is described best as England giving economic favors. these favors were given to some companies and people but not others.
What statement best describes the theory of mercantilism?
export more goods than are imported.
Best theory that supports mercantilism?
The best theory that supports mercantilism is the "Balance of Trade" theory, which posits that a nation's wealth and power are best served by maximizing exports and minimizing imports. This theory emphasizes the importance of accumulating precious metals, such as gold and silver, through a favorable balance of trade. Mercantilism advocates for government intervention to protect domestic industries and promote exports, reinforcing the idea that national prosperity is achieved through a strong trade surplus.
What statement best describes the concept of mercantilism?
Controlling trade is a key to increasing power.
What statemet best supports the theory of mercantilsim?
The statement that best supports the theory of mercantilism is that a nation's wealth and power are best served by increasing exports and accumulating precious metals, such as gold and silver. Mercantilism emphasizes the importance of a favorable balance of trade, where exports exceed imports, thereby boosting national wealth. This economic theory prioritizes state intervention and regulation to promote domestic industries and protect national interests.
What statement describes the theory of mercantilism?
The theory of mercantilism is described best as England giving economic favors. these favors were given to some companies and people but not others.
What statement best describes the theory of mercantilism?
export more goods than are imported.
Best theory that supports mercantilism?
The best theory that supports mercantilism is the "Balance of Trade" theory, which posits that a nation's wealth and power are best served by maximizing exports and minimizing imports. This theory emphasizes the importance of accumulating precious metals, such as gold and silver, through a favorable balance of trade. Mercantilism advocates for government intervention to protect domestic industries and promote exports, reinforcing the idea that national prosperity is achieved through a strong trade surplus.
What best describes the theory of the mercantilism?
export more goods than are imported.
What statement best describes the concept of mercantilism?
Controlling trade is a key to increasing power.
What best support the theory of mercantilism?
Colonies do not contribute to the economic success of Great Britain
What statement is a key assumption of mercantilism?
A key assumption of mercantilism is that a nation's wealth and power are best served by increasing exports and accumulating precious metals, such as gold and silver. This economic theory posits that national strength is directly tied to the level of economic self-sufficiency and a favorable balance of trade. Additionally, mercantilism suggests that government intervention is necessary to regulate the economy and promote national interests.
Which answer BEST supports the statement China's government can be considered an Oligarchy?
sad
Which statements best support the theory of mercantilism?
A country must import more goods than it exports to maximize profits
What is meant by which idea best supports the author's argument?
This is a question that might be found on a test in school. When asked what idea best supports the author's argument, the answer will be one that best shows something that supports the point the author is making.
What statement best supports the idea that matter is made up of particles?
The statement "Matter is composed of tiny particles that are constantly in motion" best supports the idea that matter is made up of particles. This concept is fundamental to the particle theory of matter, which explains that all substances, regardless of their state (solid, liquid, or gas), consist of small, discrete units. Observations such as the behavior of gases and the diffusion of substances further reinforce this idea, illustrating how these particles interact and move.
