mercantilism
/ˈmɝkəntɪˌlɪzəm/
An economic system where nations build wealth by exporting more than they import.
“European colonial powers practiced mercantilism to fill their treasuries with gold.”Add to my deck
/ˈmɝkəntɪˌlɪzəm/
An economic system where nations build wealth by exporting more than they import.
“European colonial powers practiced mercantilism to fill their treasuries with gold.”Add to my deck