wealth
The wealth and power of city-states was based on its good trading.
The theory is called "plutocratic theory", which characterizes a plutocracy.
Mercantilism
Mercantilism
mercantilism
European nations wanted to control more land as a way to become more economically powerful. The hope was to acquire colonies to control their natural resources and make the nation extremely wealthy.
mercantilism
The theory that stated a country's power was measured by the amount of gold and silver it owned is known as mercantilism. This economic theory was popular in Europe from the 16th to 18th centuries and emphasized the accumulation of wealth through trade surpluses, export promotion, and the acquisition of precious metals.
Spain
Mercantilism is a marketing theory where a country tries to hold as much gold and silver as possible, and does not buy from other countries, and only sells. Save Gold & Silver ----> Wealth ----> Power
It was ratified in the Low Country because they had more wealth and power. Wealth and Power were important when it came to voting back then.