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mercantilism

Übersetzungen

mercantilismsubstantiv

меркантилизм

Mercantilism was a dominant economic theory in Europe during the 16th to 18th centuries.

Меркантилизм был доминирующей экономической теорией в Европе в XVI-XVIII веках.

Synonyme

commercialism

trade theory

economic nationalism

protectionism

Definitionen

mercantilismsubstantiv

An economic theory and practice dominant 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.

Mercantilism was characterized by the belief that national strength could be maximized by limiting imports via tariffs and maximizing exports.

A system in which a country attempts to amass wealth through trade with other countries, exporting more than it imports and increasing stores of gold and precious metals.

Under mercantilism, colonies were often seen as sources of raw materials and markets for the mother country's manufactured goods.