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29 October, 13:16

What economic principle of thought emerged in the 1500s & 1600s? It taught that whoever had the most money had the most power.

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  1. 29 October, 14:26
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    The economic principle that was most dominant was that of mercantilism. It was an economic theory where it was believed that in order to become the strongest nation, a country has to have production at highest possible levels, all so as to prevent others from exporting into the country that is producing.
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