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

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