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Definition of Mercantilism
1. Noun. An economic system (Europe in 18th century) to increase a nation's wealth by government regulation of all of the nation's commercial interests.
Generic synonyms: Managed Economy
Geographical relationships: Europe
2. Noun. Transactions (sales and purchases) having the objective of supplying commodities (goods and services).
Specialized synonyms: Trading, Trade, E-commerce, Exchange, Interchange, Initial Offering, Initial Public Offering, Ipo, Business, Business Enterprise, Commercial Enterprise, Carriage Trade, Importation, Importing, Exportation, Exporting, Marketing, Distribution, Marketing, Merchandising, Selling, Traffic, Defrayal, Defrayment, Payment, Evasion, Nonpayment
Terms within: Shipping, Transport, Transportation
Generic synonyms: Dealing, Dealings, Transaction
Examples of category: Usance, Commercialise, Commercialize, Market, Buy, Purchase, Take, Get, Clear, Turn, Negociate, Sell, Sell Short, Remainder, Resell, Deaccession, Fob Off, Foist Off, Palm Off, Realise, Realize, Auction, Auction Off, Auctioneer, Deal, Sell, Trade, Transact, Deal, Retail, Wholesale, Liquidize, Sell Out, Sell Up, Trade, Trade In, Merchandise, Trade, Traffic, Arbitrage, Turn Over, Broker, Trust, Pick Up, Barter Away, Market, Market, Buy In, Stock, Stock Up, Shop, Market, Browse, Shop, Comparison-shop, Antique, Smuggle, Import, Export, Hock, Pawn, Soak, Impulse-buy, Franchise, Retail, Trade
Attributes: Commercial, Noncommercial
Derivative terms: Commercial, Commercial, Commercial
Definition of Mercantilism
1. Noun. An economic theory that holds that the prosperity of a nation depends upon its supply of capital, and that the global volume of trade is "unchangeable". ¹
¹ Source: wiktionary.com
Definition of Mercantilism
1. [n -S]
Lexicographical Neighbors of Mercantilism
Literary usage of Mercantilism
Below you will find example usage of this term as found in modern and/or classical literature:
1. History of Economic Thought: A Critical Account of the Origin and by Lewis Henry Haney (1920)
"mercantilism is preferable. Perhaps the nearest approach to a definition which
might be safely attempted here, would be to say that mercantilism comprises ..."
2. Economic Development of Modern Europe by Frederic Austin Ogg (1917)
"The decline of mercantilism, caused by the slow change of economic ... mercantilism
as a general system of economic and political thought, however, ..."
3. Principles of Foreign Trade by Norbert Savay (1919)
"They were influenced at first by the economic doctrine known as mercantilism.
mercantilism mercantilism was the first serious attempt to explain the ..."
4. Readings in Industrial Society: A Study in the Structure and Functioning of by Leon Carroll Marshall (1918)
"mercantilism' The principles of the mercantile system were not taught by any ...
The common notion of mercantilism represents it as confusing wealth with ..."
5. Josiah Tucker, Economist: A Study in the History of Economics by Walter Ernest Clark (1903)
"mercantilism The third topic worthy of particular consideration under foreign
trade is mercantilism. Tucker is a neo-mercantilist. ..."
6. The Cambridge Modern History by John Emerich Edward Dalberg Acton Acton, Ernest Alfred Benians, Sir Adolphus William Ward, George Walter Prothero (1909)
"mercantilism — of which Walpole was a convinced disciple—assumed that the State
should stimulate national wealth, to the best of its ability. ..."
7. England's Industrial Development by Arthur Donald Innes (1912)
"Protection and mercantilism were not essentially bound up together, ... Nevertheless,
pure protectionism followed inevitably from mercantilism as a ..."
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