説明中心

mercantilism

[ˈməːk(ə)ntɪlɪz(ə)m]

mercantilism Definition

  • 1an economic theory that emphasizes the importance of a nation's trade and commercial interests in promoting national power and wealth
  • 2the economic policies associated with mercantilism, such as the regulation of trade and the accumulation of gold and silver reserves

Using mercantilism: Examples

Take a moment to familiarize yourself with how "mercantilism" can be used in various situations through the following examples!

  • Example

    Mercantilism was the dominant economic theory in Europe from the 16th to the 18th century.

  • Example

    The mercantilist policies of European powers led to the colonization and exploitation of many parts of the world.

  • Example

    Mercantilism emphasized the importance of exporting more than importing in order to accumulate wealth.

mercantilism Synonyms and Antonyms

Synonyms for mercantilism

Phrases with mercantilism

  • neo-mercantilism

    a modern form of mercantilism that emphasizes the use of economic policies to promote national interests in a globalized economy

    Example

    Some countries have adopted neo-mercantilist policies to protect their domestic industries from foreign competition.

  • the set of economic policies and practices associated with mercantilism

    Example

    The mercantilist system was characterized by protectionist trade policies and the accumulation of gold and silver reserves.

  • the underlying beliefs and values that informed mercantilist economic theory

    Example

    The mercantilist philosophy held that a nation's wealth and power depended on its ability to control and manipulate trade.

Origins of mercantilism

from French 'mercantile', meaning 'of merchants'

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Summary: mercantilism in Brief

Mercantilism [ˈməːk(ə)ntɪlɪz(ə)m] is an economic theory that prioritizes a nation's trade and commercial interests in promoting national power and wealth. It dominated European economic thought from the 16th to the 18th century and emphasized the importance of exporting more than importing to accumulate wealth. Modern forms of mercantilism include neo-mercantilism, which uses economic policies to promote national interests in a globalized economy.