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Pronounce Mercantilism as M EH R K AH N T IY L IY S M.
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Continue readingan 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
mercantilism, mercantile system(noun)an economic system (Europe in 18th century) to increase a nation's wealth by government regulation of all of the nation's commercial interests
commerce, commercialism, mercantilism(noun)transactions (sales and purchases) having the objective of supplying commodities (goods and services)
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1. One of the reasons England developed the colonies under mercantilism was to increase its trading territory.
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