This page shows Mercantilism in 20 example sentences from English, with an explanation of the meaning and related words like commerce or transaction. Useful when writing or proofreading a text.
Mercantilism in a sentence
Mercantilism meaning
- The theory that a nation must always have a positive balance of trade, in the manner that a merchant would operate a shop. Typically this model presupposes protectionism.
- The theory that holds that the prosperity of a nation depends upon its supply of capital, and that the global volume of trade is unchangeable.
Synonyms of Mercantilism
Example sentences (20)
Those who feel that mercantilism amounted to rent seeking hold that it ended only when major power shifts occurred.
Mercantilism was closely aligned with the other theories and ideas that began to replace the medieval worldview.
While Adam Smith portrayed mercantilism as supportive of strict controls over the economy, many mercantilists disagreed.
England began a large-scale and integrative approach to mercantilism during the Elizabethan Era (1558–1603).
Mercantilism was centred on England and France, and it was in these states that mercantilist polices were most often enacted.
The goal of mercantilism was to run trade surpluses, so that gold and silver would pour into London.
However, trade opportunities were restricted by the mercantilism of the British and French empires.
A number of scholars found important flaws with mercantilism long before Adam Smith developed an ideology that could fully replace it.
In Britain, mercantilism faded as the Parliament gained the monarch's power to grant monopolies.
Keynes also supported government intervention in the economy as necessity, as did mercantilism.
Most wars had other causes but they reinforced mercantilism by clearly defining the enemy, and justified damage to the enemy's economy.
Thus, mercantilism held exports should be encouraged by the government and imports discouraged.
In so doing, it will have to call out impunity and entitlement, and stop the sort of silly mercantilism pervasive in trade and industry.
Jean-Baptiste Colbert 's work in 17th-century France came to exemplify classical mercantilism.
The idea of mercantilism was to protect the markets, but it also helped to maintain the agriculture and those who were dependent upon it.
Numerous French authors helped cement French policy around mercantilism in the 17th century.
Wittowsky argues that not enough critics have taken the time to focus directly on the mercantilism and theories of labour in 18th century England.
Mercantilism was an economic doctrine that flourished from the 16th to 18th century in a prolific pamphlet literature, whether of merchants or statesmen.
Modern examples Mercantilism was a policy followed by empires, especially in the 17th and 18th centuries, forbidding or limiting trade outside the empire.
British mercantilism thus mainly took the form of efforts to control trade.
Common combinations with mercantilism
These word pairs occur most frequently in English texts:
- mercantilism was 11×
- of mercantilism 9×
- mercantilism in 4×
- mercantilism as 4×
- the mercantilism 3×
- to mercantilism 2×
- mercantilism by 2×
- mercantilism of 2×
- that mercantilism 2×
- mercantilism and 2×
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About these examples
The 20 examples on this page contain the complete word mercantilism. Duplicate, incomplete, unusually short and technically noisy sentences are removed automatically. The definition is sourced from Wiktionary. Read more about our sources and checks on the About Voorbeeldzinnen.info page or see how to report a correction.