[
US
/mɝˈkæntəˌɫɪzəm/
]
NOUN
- transactions (sales and purchases) having the objective of supplying commodities (goods and services)
- an economic system (Europe in 18th century) to increase a nation's wealth by government regulation of all of the nation's commercial interests
How To Use mercantilism In A Sentence
- As tsar he wanted to apply western mercantilism to stimulate agriculture, industry and commerce.
- Under mercantilism, everyone sought the advantages of being an exporter, because having a trade surplus meant that wealth was accumulating.
- China one fifth of humanity braked its population growth, made a quantum leap from agrarian Marxism to industrial mercantilism, and thrived--largely because the U.S. was so open to being the "designated driver" of its export-centered growth strategy during this period. Ian Fletcher: Free Trade Isn't Helping World Poverty
- King George ‘wanted to forcefully impose British mercantilism on the colonies.’
- Significant changes in the planetary scheme and semipolitical genre hit led to dubiety regarding the content of external mercantilism rates. Xml's Blinklist.com
- Originally free trade was not like mercantilism, where the government monopolizes and otherwise hinders the right to trade across borders.
- As cities and their monetary systems organized further into city-states and then into nations, an economic system called mercantilism developed.
- For some, Christmas is an oppressive reminder that mercantilism and materialism have replaced Christ as the heart of Christmas.
- Having thus established his high position and noble motive, Mun declares his rule of commerce, which may be taken as the central principle of English mercantilism.
- The rise of Britain can be attributed, Ormrod argues, largely to successful and sustained mercantilism.
