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mercantilism

[ US /mɝˈkæntəˌɫɪzəm/ ]
NOUN
  1. transactions (sales and purchases) having the objective of supplying commodities (goods and services)
  2. an economic system (Europe in 18th century) to increase a nation's wealth by government regulation of all of the nation's commercial interests

How To Use mercantilism In A Sentence

  • Hobbes indeed borrowed a great deal from contemporary accounts of how to increase a nation's prosperity - the literature of the movement subsequently known as mercantilism.
  • We should, as a nation, decide whether to operate our nation as a constitutional republic, a nation of laws, or if instead we prefer to be a country driven and defined by corporate capitalism and mercantilism.
  • Yet China had already begun to emphasize exporting. The reason may lie in John Maynard Keynes's analysis of mercantilism.
  • Once new trade routes were forged to the Americas, Africa and Asia, mercantilism involved statecraft and realpolitik as well as trade and commerce.
  • Colbertism was an extreme form of mercantilism built around war financing schemes, high taxation, and central planning.
  • We should not be swayed by 17th century mercantilism, which viewed imports as bad and exports as good.
  • Historians have been dubious about the benefits of mercantilism, but they have also been unanimous in attributing much of Spain's industrial and commercial underdevelopment to the absence of such policies.
  • Regulation then as now is a form of mercantilism that benefits some at the expense of others.
  • The Europeans invented this game -- called mercantilism -- back when trade was conducted with sailing ships. Ian Fletcher: No, Obama, We Don't Need Free Trade Agreements with Panama, Colombia, and Korea
  • Unlike the Saskatchewan approach to canola, Smith is a proponent of a cooperative mercantilism that develops local advantages and creates strong social networks regionally to provide benefits locally.
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