Sentences with 'mercantilism'
Example sentences and phrases with the word mercantilism and other words derived from it.
• « Taken together, this concept was called mercantilism: an economic system consisting of a royal government controlling the colonies abroad and overseeing property at home. The ultimate example of this system was the largest owner of the bullion-producing colonies: Spain. »
• « The economic philosophy of mercantilism shaped European perceptions of wealth from the 16th to the late 17th century. »
• « Colonial mercantilism, which was basically a set of protectionist policies designed to benefit the nation, was based on several factors: colonies rich in raw materials, cheap labour, colonial loyalty to the local government and control of maritime trade. »