mercantilism

mercantilism
noun Date: 1838 1. the theory or practice of mercantile pursuits ; commercialism 2. an economic system developing during the decay of feudalism to unify and increase the power and especially the monetary wealth of a nation by a strict governmental regulation of the entire national economy usually through policies designed to secure an accumulation of bullion, a favorable balance of trade, the development of agriculture and manufactures, and the establishment of foreign trading monopolies • mercantilist noun or adjectivemercantilistic adjective

New Collegiate Dictionary. 2001.

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  • mercantilism — MERCANTILÍSM s.n. 1. (livr.) Spirit negustoresc, interes comercial; (peior.) preocupare, tendinţă de a câştiga bani prin orice mjloace. 2. Doctrină economică din sec. XV XVIII, bazată pe principiul că avuţia socială rezidă în acumularea metalelor …   Dicționar Român

  • mercantilism — index commerce Burton s Legal Thesaurus. William C. Burton. 2006 …   Law dictionary

  • mercantilism — (n.) 1834, from Fr. mercantilisme; see MERCANTILE (Cf. mercantile) + ISM (Cf. ism). Related: mercantilist …   Etymology dictionary

  • mercantilism — [mʉr′kən til iz΄əm, mʉr′kəntīl΄iz΄əm, mʉr′kəntēl΄iz΄əm] n. 1. the doctrine that arose in Europe with the decline of feudalism, that the economic interests of the nation could be strengthened by the government by protection of home industries, as… …   English World dictionary

  • Mercantilism — An imaginary seaport with a transposed Villa Medici, painted by Claude Lorrain around 1637, at the height of mercantilism …   Wikipedia

  • mercantilism — mercantilist, n., adj. mercantilistic, adj. /merr keuhn ti liz euhm, tee , tuy /, n. 1. mercantile practices or spirit; commercialism. 2. See mercantile system. [1870 75; < F mercantilisme. See MERCANTILE, ISM] * * * Economic theory and policy… …   Universalium

  • Mercantilism —    A set of principles and assumptions prevalent during in the development of European capitalism between 1500 and 1800, according to which national governments regarded competition for access to and distribution of wealth as a prime… …   Encyclopedia of the Age of Imperialism, 1800–1914

  • mercantilism — A much disputed term which, according to one authority (, Predecessors of Adam Smith, 1937), has become a ‘positive nuisance’ since it is commonly confused with nationalism, protectionism, and autarky. It refers to the economic theories and… …   Dictionary of sociology

  • Mercantilism — The main economic system used during the sixteenth to eighteenth centuries. The main goal was to increase a nation s wealth by imposing government regulation concerning all of the nation s commercial interests. It was believed that national… …   Investment dictionary

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