Sentences

mercantilism in a sentence

n.

Definition

Mercantilism is an economic theory and practice that emphasizes the accumulation of wealth through trade, government regulation, and the establishment of colonies, prevalent in Europe from the 16th to the 18th century.

Sample Sentences

  1. Mercantilism was a dominant economic theory in Europe from the 16th to the 18th century.
  2. Critics argue that mercantilism often led to colonial exploitation and trade monopolies.
  3. The principles of mercantilism encouraged nations to accumulate wealth through a positive balance of trade.
  4. In many ways, mercantilism laid the groundwork for modern economic policies and theories.
  5. The decline of mercantilism in favor of free trade marked a significant shift in global economics.

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