Mercantilism is an effort to enhance the financial capability of a country or simply to make it richer. It aims to create a very wealthy and powerful nation. The term mercantile system is also related to mercantilism because this aimed to describe the type of system that intends to nurture the country by lessen the imports and encourage exports in order to have a greater chance of earning. This system has been used by Western Europe for a very long time.
Let's use "mercantilism" in a sentence.
- Mercantilism can help improve the nation's economic struggles.