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OpenStudy (anonymous):
A nations power based on wealth is called?
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OpenStudy (anonymous):
please help
OpenStudy (anonymous):
Mercantilism. Mercantilism was the idea that a nation's wealth was based on the amount of gold and silver a nation had. This enforced the idea of colonization because European nations wanted to obtain more of these precious metals. @JTMIABALLER4LIFE
OpenStudy (koikkara):
I think it's based on capital income of that country/state etc. @JTMIABALLER4LIFE
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