1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Alenkasestr [34]
1 year ago
13

The _____ theory is based on the assumption that the wealth of the world is fixed.

Social Studies
1 answer:
Aneli [31]1 year ago
6 0

The <u> mercantilism </u>theory is based on the assumption that the wealth of the world is fixed.

It was first published as An Inquiry into the Nature and Causes of the Wealth of Nations, more generally known as The Wealth of Nations. The book was written by BY Adam Smith, a Scottish moral philosopher by profession, to explain the industrialized capitalism system.

According to mercantilism, wealth was set and limited. The only way to succeed was to stockpile gold and impose tariffs on imports.

This theory suggests that nations should sell their products to other nations while making no purchases in return. Predictably, nations entered into cycles of retaliatory tariffs that stifled global trade.

To learn more about mercantilism  click here:

brainly.com/question/909450

#SPJ4

You might be interested in
Was their a CANAL NAME CLERMONT<br> (TRUE) OR ( FALSE)
sergey [27]

Answer:

false! Robert Fulton was widely known for creating the first successful commercial steamboat! The first one was called the North River Steamboat which was later changed to Clermont

3 0
2 years ago
Read 2 more answers
We tend to feel more _____ when fewer people are around to help out. compassionate compliant responsible reserved
Inessa05 [86]
Responsible is your answer
7 0
3 years ago
Read 2 more answers
What body of water is most directly important for transportation in the Black Prairie region?
vodka [1.7K]
The correct answer I think is Tennessee River
8 0
3 years ago
What is it called when an elected official is brought to trial to decide if they should be removed from office?
sasho [114]
This process is called impeachment. I hope this helps :)
8 0
3 years ago
Read 2 more answers
Which Greek speaking people dominated the Aegean world from about 1400 bce to 1200 bce and probably started the Trojan war?
Sonbull [250]
<span>The Achaeans were the prominent tribe, due to superior warfare skills. Homer refers to Danaads, too, but we take it as the same people. </span>
8 0
2 years ago
Other questions:
  • Ichard had lived on the street for almost a year. his days were busy with doing things necessary to survive at a basic level-fin
    5·2 answers
  • What was the term given to white southern members of the Republican Party
    9·2 answers
  • When she examined compositions, third grade teacher Madeline Church, found that her students used basic words such as good and b
    11·1 answer
  • Which one of the following statements is true of the Consumer Price Index? A. It does not take into account the price of used go
    10·1 answer
  • Haileab Asgedom lived a wild young adulthood primarily due to the lack of parental figures in his life. What did he say was his
    13·1 answer
  • Motivated by the desire to live an idyllic life, people who are part of ______ movements may retreat from the larger society and
    7·1 answer
  • What had to be paid on every trade?
    14·1 answer
  • A teacher teaching her own child at home is an example of ___________
    14·1 answer
  • Why does Ohio have more electors in the electoral college process than Virginia?
    13·1 answer
  • Why did diocletian divide the empire into two sections?
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!