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Nations increased their gold reserves through various means, including exploration and conquest, where they sought out and seized gold-rich territories. They also engaged in trade, often exporting goods in exchange for gold, and implemented policies like the mercantilist system, which aimed to maximize exports and minimize imports to accumulate wealth. Additionally, some nations established colonies that provided direct access to gold resources, enhancing their overall wealth and economic power.

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Which is the economic system that equates a nations wealth with amount of its gold and silver?

Mercantilism is the economic system that equates a nations wealth with the amount of its gold and silver. Mercantilism was in effect from the 16th to 18th century in France.


Under mercantilism a nations wealth was defined as?

the amount of gold, silver, and tradable manufactured goods it controlled.


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By the amount of gold and silver they had. By the amount of manufactured goods they controlled According to trade APEX


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A conqueror who seeks to expand their territory and increase their wealth through military conquests and subjugation of other nations.


What was the nations wealth under mercantilism defined as?

the amount of gold, silver, and tradable manufactured goods it controlled


What was Under mercantilism a nations wealth was defined as?

the amount of gold, silver, and tradable manufactured goods it controlled


What was nations wealth defined as under mercantilism?

the amount of gold, silver, and tradable manufactured goods it controlled


Is the economic system that equates a nation's wealth with the amount of its gold and silver?

Mercantilism is the economic system that equates a nations wealth with the amount of its gold and silver. Mercantilism was in effect from the 16th to 18th century in France.


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.


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