How is wealth determined according to mercantilism?

According to mercantilism, wealth is primarily determined by the accumulation of precious metals, such as gold and silver, and is viewed as a finite resource. Nations believed that a favorable balance of trade, achieved by exporting more than importing, would increase their stock of these metals. Additionally, mercantilists emphasized the importance of government intervention in the economy to promote exports and restrict imports, thereby enhancing national wealth and power. Overall, the focus was on maximizing state resources and economic self-sufficiency.