mercantilist

Part of Speech: Adj.

Definition: Relating to or characteristic of the economic theory that trade generates wealth and is stimulated by the accumulation of profitable balances, in which government intervention is necessary to increase the state's wealth.

Example Sentence: The country's mercantilist policies aimed to boost exports and limit imports in order to achieve economic growth.

Part of Speech: Noun

Definition: A person who supports or advocates for mercantilism.

Example Sentence: The mercantilists argued that prioritizing domestic production and controlling foreign trade would benefit the nation's economy in the long term.

Related Products:

• Books on Mercantilism
• Mercantilism Theory
• History of Economic Thought