Mercantilism in a Sentence  ๐Ÿ”Š

Definition of Mercantilism

an 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

Examples of Mercantilism in a sentence

Because the country wants to buy less goods from other nations, it is following an economic policy based on mercantilism. ๐Ÿ”Š

One of the reasons England developed the colonies under mercantilism was to increase its trading territory. ๐Ÿ”Š

Companies who do business primarily by selling imported products are destroying the governmentโ€™s goal of mercantilism. ๐Ÿ”Š

When the government placed the embargo on products from China, it did so in hopes of protecting its program of mercantilism. ๐Ÿ”Š

Mercantilism has produced several trade deficits among nations with some countries exporting very few goods. ๐Ÿ”Š

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