Associations to the word «Mercantilism»

Wiktionary

MERCANTILISM, 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".

Dictionary definition

MERCANTILISM, 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.
MERCANTILISM, noun. Transactions (sales and purchases) having the objective of supplying commodities (goods and services).

Wise words

Don't use words too big for the subject. Don't say "infinitely" when you mean "very"; otherwise you'll have no word left when you want to talk about something really infinite.
C. S. Lewis