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
A kind word warms a man throughout three winters.