Mercantilism


The meaning of the word Mercantilism is: an economic system in which a nation tries to become more affluent by exporting more goods than it brings into the country and by protecting its store of precious metals


Examples:

One of the reasons England developed the colonies under mercantilism was to increase its trading territory.

published by Andree on 2021-10-12 04:55:12


Because the country wants to buy less goods from other nations, it is following an economic policy based on mercantilism.

published by Elfriede on 2021-09-01 07:57:30


Companies who do business primarily by selling imported products are destroying the government’s goal of mercantilism.

published by Angelena on 2021-09-23 07:03:17


When the government placed the embargo on products from China, it did so in hopes of protecting its program of mercantilism.

published by Melanie on 2021-01-14 05:36:54


Mercantilism has produced several trade deficits among nations with some countries exporting very few goods.

published by Wilbur on 2021-10-29 15:54:44


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