European monarchs adopted a new policy of mercantilism. What two (2) ways were the wealth of a nation measured? (420)(1 point) Responses Silver Silver Navigational Tools Navigational Tools Gold Gold Cash Crops

The two ways wealth of a nation was measured under the policy of mercantilism are:

1) Accumulation of precious metals, particularly silver and gold. The more bullion a country possessed, the wealthier it was considered to be.
2) The production of cash crops, which were crops grown specifically for export and trade. The more valuable and abundant cash crops a nation had, the more prosperous it was believed to be.