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Under mercantilisim What did a country need to do to become rich?
Wiki User
∙ 9y ago
The economic theory of mercantilism dictates that genuine wealth consists in possession of the (real or imagined) limited material resources of the world. Hence, within the confines of this theory, a country's wealth is fully dependent on having large stockpiles of material goods; or, at least, having larger stockpiles than one's economic competitors.
Wiki User
∙ 9y ago
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