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

Every day we should hear at least one little song, read one good poem, see one exquisite picture, and, if possible, speak a few sensible words.
Johann Wolfgang Von Goethe