Mercantilism was based on a nation's power and wealth, which was enabled by _____. the size of its army the ability to import mo

Question

NemiM [27]

3 years ago

10

Mercantilism was based on a nation's power and wealth, which was enabled by _____. the size of its army the ability to import mo

re goods than export the amount of precious metals that could be had the size of its population

Physics

2 answers:

olga nikolaevna [1] · Answer 1 · 2022-07-04T08:22:59+03:00

Answer: the amount of precious metals that could be had.

<span>Mercantilism believed that a nation was rich based on how big their reserves were for precious metals like gold and silver. Exporting lots of gold and silver, during the time mercantilism was in place as an economic system, exhibited a nation’s wealth. </span>

Thepotemich [5.8K] · Answer 2 · 2022-07-04T10:44:51+03:00

Mercantilism was based on a nation's power and wealth, which was enabled by the amount of precious metals that could be had. The wealth of the nation is all based on the precious metals that it can use, and if there is an abundance of these, the nation will be a great trading spot as well.