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

mercantilism


What economic theory says power depends on wealth?

Mercantilism


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

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


Andrew Carnegie developed the theory called?

Andrew Carnegie is known for promoting the "Gospel of Wealth" theory. This theory states that wealthy individuals have a responsibility to use their wealth to benefit society through philanthropy and the support of social causes. Carnegie believed in the concept of giving back to the community and helping those in need.


Who had propounded the 'wealth theory of demand for money'?

Milton Friedman propounded the Wealth Theory of Demand for Money. It is also known as Restatement of Quantity Theory of money.


What alliance was formed after the former USS.R dissolved?

A common wealth of independent states.


When was the theory of the Drain of Wealth written?

Dadabhai Naoroji’s theory of the Drain of Wealth was first stated in his book Poverty and Un-British Rule in India published in 1867.


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

wealth


What educator believed in Stewardship theory of wealth?

Horance mann


On what were the wealth and power of the African city-states based?

The wealth and power of city-states was based on its good trading.


What laws do common wealth states follow?

a common wealth government shares all the wealth gay


Is Michigan a common wealth state?

No. Michigan is not one of the common wealth states