English language
Toggle Transcript
mercantilism::noun | Spocien Dictionary
| Type | Words |
|---|---|
| Synonyms | commerce, commercialism |
| Type of | dealings, dealing, transaction |
| Has types | distribution, e-commerce, evasion, exchange, exportation, exporting, importation, importing, initial offering, initial public offering, interchange, ipo, commercial enterprise, marketing, merchandising, nonpayment, payment, selling, trade, trading, traffic, carriage trade, defrayal, defrayment, business enterprise, business |
mercantilism::noun | Spocien Dictionary
an economic system (Europe in 18th century) to increase a nation's wealth by government regulation of all of the nation's commercial interests
| Type | Words |
|---|---|
| Synonyms | mercantile system |
| Type of | managed economy |
Examples of mercantilism
mercantilism
We learned as a nation in the late 1700s that British mercantilism does not work.
From the infowars.com
Mercantilism was as present in Spain as in Britain for a long part of its history.
From the economist.com
After such a great article on free trade yesterday, why relapse into mercantilism?
From the economist.com
Bodin's attitude has been called a populationist strategy typical of mercantilism.
From the en.wikipedia.org
Britain also abandoned its protectionist policy, as embraced by mercantilism.
From the en.wikipedia.org
Mercantilism developed at a time when the European economy was in transition.
From the en.wikipedia.org
This government created monopoly grew out of a faulty economic theory, mercantilism.
From the forbes.com
China's green mercantilism raises important questions for the United States.
From the huffingtonpost.com
Mercantilism was the basic policy imposed by Britain on its colonies from the 1660s.
From the en.wikipedia.org
- An economic system (Europe in 18th century) to increase a nation's wealth by government regulation of all of the nation's commercial interests
- Commerce: transactions (sales and purchases) having the objective of supplying commodities (goods and services)
- Mercantilism is an economic theory, thought to be a form of economic nationalism, that holds that the prosperity of a nation is dependent upon its supply of capital, and that the global volume of international trade is "unchangeable". ...
- The policy of building a nation's wealth by exporting more goods than it imports. Colonies are instrumental in this policy as they supply their parent nations with raw materials that are used to produce finished goods, and then exported back to the colonies. ...
- Originated in the seventeenth century, when certain trading states made it their goal to accumulate national economic wealth and, in turn, national power by expanding exports and limiting imports. ...
- An economic theory that preceded the modern concept of a market economy regulated by the forces of supply and demand. ...
- Adam Smith and other classical economists used this term in criticizing a certain kind of economic policy. To quote Wikipedia, "Mercantilism as a whole cannot be considered a unified theory of economics. ...
- An economic philosophy of the 16th and 17th centuries that international commerce should primarily serve to increase a country's financial wealth, especially of gold and foreign currency. ...
- A system where those holding concentrated economic power employ the powers of government to perpetuate monopolies, special privileges, subsidies and trade protections for their advantage at the expense of their competitors and most citizens. ...
