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Origin of mercantilism
OTHER WORDS FROM mercantilismmer·can·til·ist, noun, adjectivemer·can·til·is·tic, adjective
Words nearby mercantilism
Example sentences from the Web for mercantilism
Adam Smith wrote “The Wealth of Nations” to denounce mercantilism, the crony capitalism of his day.
Morici blames the return of stagflation on "Chinese mercantilism" as its government fixes oil prices at home at low levels.
"If you want to know why there are riots in Egypt, it's because of Chinese mercantilism," he says.
In spite of mercantilism, economic questions never became in England the pre-occupation of specialists.The Agrarian Problem in the Sixteenth Century|Richard Henry Tawney
Indeed it has been fairly observed that Hume retains an attitude of refined mercantilism.
The Spanish trade regulations; mercantilism; the staple cities.A Syllabus of Hispanic-American History|William Whatley Pierson
Hence, Russian mercantilism was predominantly a state mercantilism.A History of Trade Unionism in the United States|Selig Perlman
Mercantilism was still in the ascendant when Adam Smith came to write.Political Thought in England from Locke to Bentham|Harold J. Laski
British Dictionary definitions for mercantilism
Derived forms of mercantilismmercantilist, noun, adjective
Cultural definitions for mercantilism
An economic doctrine that flourished in Europe from the sixteenth to the eighteenth centuries. Mercantilists held that a nation's wealth consisted primarily in the amount of gold and silver in its treasury. Accordingly, mercantilist governments imposed extensive restrictions on their economies to ensure a surplus of exports over imports. In the eighteenth century, mercantilism was challenged by the doctrine of laissez-faire. (See also Adam Smith.)