Mercantilism (noun) Definition, Meaning & Examples

noun
  1. mercantile practices or spirit; commercialism.
  2. mercantile system.
noun
  1. 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 (def. 1)
Mercantilism (noun) Definition, Meaning & Examples

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