mercantilism Synonyms
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mercantilism Meaning
mercantilism (n)
an economic system (Europe in 18th century) to increase a nation's wealth by government regulation of all of the nation's commercial interests
transactions (sales and purchases) having the objective of supplying commodities (goods and services)
FAQs About the word mercantilism
an economic system (Europe in 18th century) to increase a nation's wealth by government regulation of all of the nation's commercial interests, transactions (sa
No synonyms found.
No antonyms found.
Mercantilism, an economic policy prevalent in the 17th and 18th centuries, prioritized increasing a nation's wealth through trade and exports.
Mercantilist policies aimed to accumulate gold and silver as a measure of national prosperity.
The East India Company employed mercantilist principles to establish trading monopolies in India.
European powers engaged in mercantilist competition, resulting in conflicts and wars.
