Mercantilism was an economic theory based on the idea that countries should accumulate wealth by accumulating

Question

in competition with other nations.
land
gold
slaves
oil

Answer 1

Mercantilism was an economic theory based on the idea that countries should accumulate wealth by accumulating gold in competition with other nations. This theory emphasized that a nation's wealth was measured by its stock of precious metals, and countries sought to achieve a favorable balance of trade to increase their gold reserves.