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
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English Proof Read - Today's New word: ''Mercantilism'' noun 1. Mercantile practices or spirit; commercialism. 2. mercantile system. Examples from the web for mercantilism: Here has only imported the most appalling mercantilism
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What is #Mercantilism? Mercantilism is an economic theory that advocates government regulation of international trade to generate wealt
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