Associations to the word «Protectionism»

Wiktionary

PROTECTIONISM, noun. (politics) (economics) A system or policy of protecting the domestic producers of a product from foreign competition by imposing tariffs, quotas, duties or other barriers on importations.

Dictionary definition

PROTECTIONISM, noun. The policy of imposing duties or quotas on imports in order to protect home industries from overseas competition.

Wise words

Words - so innocent and powerless as they are, as standing in a dictionary, how potent for good and evil they become in the hands of one who knows how to combine them.
Nathaniel Hawthorne