mercantilism
Use Mercantilism in a sentence
kənRelated forms
mer·can·til·ist, noun, adjective
mer·can·til·is·tic, adjective
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2013.
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Based on the Random House Dictionary, © Random House, Inc. 2013.
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Link To mercantilism
Collins
World English Dictionary
mercantilism (ˈmɜːkəntɪˌlɪzəm) ![[Click for IPA pronunciation guide]](http://static.sfdict.com/dictstatic/g/d/dictionary_questionbutton_default.gif) | |
| —n | |
| 1. | economics Also called: mercantile system a theory prevalent in Europe during the 17th and 18th centuries asserting that the wealth of a nation depends on its possession of precious metals and therefore that the government of a nation must maximize the foreign trade surplus, and foster national commercial interests, a merchant marine, the establishment of colonies, etc |
| 2. | a rare word for commercialism |
| 'mercantilist | |
| —n, —adj | |
Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
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2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
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00:10
Mercantilism
is always a great word to know.
So is zedonk. Does it mean:
| an extraordinary or unusual thing, person, or event; an exceptional example or instance. |
| the offspring of a zebra and a donkey. |
Etymonline
Online Etymology Dictionary, © 2010 Douglas Harper
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American Heritage
Cultural Dictionary
mercantilism [(mur-kuhn-tee-liz-uhm, mur-kuhn-ti-liz-uhm, mur-kuhn-teye-liz-uhm)]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.)
Note: The European quest for colonial holdings in Asia, Africa, and North and South America was partially a product of mercantile economics.
The American Heritage® New Dictionary of Cultural Literacy, Third Edition
Copyright © 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Copyright © 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
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Example sentences
But the pilgrimage, four and five people deep, moved relentlessly to the altar of mercantilism.
This period of early capitalism is generally referred to as mercantilism.
Colbert was a champion of the dominant economic thinking of the age, the theory of mercantilism.
The situation is quite different when it comes to mercantilism.
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