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1. Dictionary

   Mer·can·til·ism

   /ˈmərkən(t)əˌliz(ə)m/

   

   noun

   • 1. belief in the benefits of profitable trading; commercialism.
   • ▪ the economic theory that trade generates wealth and is stimulated by the accumulation of profitable balances, which a government should encourage by means of protectionism.

   Derivatives

   • 1. mercantilist noun
   • 2. mercantilistic adjective

   Scrabble Points: 18

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2. People also ask

   What is mercantilism in economics?

   • mercantilism, economic theory and practice common in Europe from the 16th to the 18th century that promoted governmental regulation of a nation’s economy for the purpose of augmenting state power at the expense of rival national powers. It was the economic counterpart of political absolutism. Its

   Mercantilism | Definition & Examples | Britannica Money

   www.britannica.com/money/mercantilism

   See all results for this question

   What were the effects of mercantilism?

   • mercantilism, economic theory and practice common in Europe from the 16th to the 18th century that promoted governmental regulation of a nation’s economy for the purpose of augmenting state power at the expense of rival national powers. It was the economic counterpart of political absolutism.

   Mercantilism | Definition & Examples | Britannica Money

   www.britannica.com/money/mercantilism

   See all results for this question

   Was mercantilism a blessing?

   • Mercantilism, necessitated at first by our circumstances and position, has been in the main a great blessing. This economic theory and the system based upon it are called mercantilism. But meanwhile, it was to destroy mercantilism. These examples are from corpora and from sources on the web.

   MERCANTILISM definition | Cambridge English Dictionary

   dictionary.cambridge.org/us/dictionary/english/mercantilism

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   What was mercantilism based on?

   • Mercantilism was based on the principle that the world's wealth was static, and consequently, governments had to regulate trade to build their wealth and national power. Many European nations attempted to accumulate the largest possible share of that wealth by maximizing their exports and limiting their imports via tariffs.

   What Is Mercantilism? - Investopedia

   www.investopedia.com/terms/m/mercantilism.asp

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3. en.wikipedia.org › wiki › MercantilismMercantilism - Wikipedia

   en.wikipedia.org › wiki › Mercantilism

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   Mercantilism is a nationalist economic policy that is designed to maximize the exports and minimize the imports for an economy. In other words, it seeks to maximize the accumulation of resources within the country and use those resources for one-sided trade.

4. www.britannica.com › money › mercantilismMercantilism | Definition & Examples | Britannica Money

   www.britannica.com › money › mercantilism

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   May 24, 2024 · Mercantilism was an economic theory and practice that aimed to enhance state power by accumulating wealth and trade surpluses. Learn about its origins, key features, critics, and legacy from Britannica's editors.

5. www.merriam-webster.com › dictionary › mercantilismMercantilism Definition & Meaning - Merriam-Webster

   www.merriam-webster.com › dictionary › mercantilism

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   Mercantilism is an economic system that aims to increase a nation's wealth and power by regulating trade and accumulating bullion. Learn more about its history, examples, and contrast with free trade from Merriam-Webster dictionary.

6. www.investopedia.com › terms › mWhat Is Mercantilism? - Investopedia

   www.investopedia.com › terms › m

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   Feb 26, 2024 · Mercantilism was an economic system of trade that spanned the 16th to 18th centuries. It was based on the principle that the world's wealth was static and that nations had to regulate trade to build their wealth and power.

   • Author: Will Kenton

   • Video Duration: 1 min

7. www.britannica.com › question › What-is-mercantilismWhat is mercantilism? | Britannica

   www.britannica.com › question › What-is-mercantilism

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   Mercantilism is an economic practice by which governments used their economies to augment state power at the expense of other countries. Governments sought to ensure that exports exceeded imports and to accumulate wealth in the form of bullion (mostly gold and silver).

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9. www.americanhistorycentral.com › entries › mercantilismMercantilism, Definition, Summary, Significance, Colonial ...

   www.americanhistorycentral.com › entries › mercantilism

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   Mar 22, 2024 · Mercantilism is an economic theory that focuses on the trading of goods as a means to create wealth and power for a nation. Learn how England implemented mercantilism and how it affected the American colonies and the American Revolution.

10. dictionary.cambridge.org › english › mercantilismMERCANTILISM definition | Cambridge English Dictionary

    dictionary.cambridge.org › english › mercantilism

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    Mercantilism is an economic theory that says a government should control the economy and increase its wealth by selling more than it buys from other nations. Learn more about the history, features and examples of mercantilism from Cambridge Dictionary.