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protectionism

[ pruh-tek-shuh-niz-uhm ]
/ prəˈtɛk ʃəˌnɪz əm /
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noun

Economics. the theory, practice, or system of fostering or developing domestic industries by protecting them from foreign competition through duties or quotas imposed on importations.
any program, policy, or system of laws that seeks to provide protection for property owners, wildlife, the environment, etc.

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Origin of protectionism

First recorded in 1855–60; protection + -ism

OTHER WORDS FROM protectionism

pro·tec·tion·ist, noun, adjectivepro·tec·tion·is·tic, adjectivean·ti·pro·tec·tion·ist, noun, adjective
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2021

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