To build up English industry and commerce on mercantilist principles was the basis of the Whig economic system.
The mercantilist definition of a colony is a territory, which exports raw materials only to re-import them in the form of finished products.
Operation Allied Force is a colonial war without the mercantilistemphasis of days gone by.
How these changing conditions were dealt with by mercantilist statesmen, we shall see in later chapters.
From our past study of the commercial and colonial wars of the eighteenth century, especially those between France and Great Britain, we have already learned that mercantilist ideas were still dominant in foreign commerce.
The mercantilist was not content with making rules for established industries.
As we have repeatedly observed, most governments had long followed the mercantilist plan more or less consistently.
His policy of prosperity was based on mercantilist ideas and consisted in strict attention to business methods in public finance, [Footnote: Walpole was called the "best master of figures of any man of his time.
According to the mercantilist theories that flourished throughout the seventeenth and eighteenth centuries, every country which possessed colonies should reserve trade privileges with them exclusively to its own citizens.
Of course Great Britain's mercantilist trade regulations were not at once abandoned, but they had received a death-blow, and British commerce seemed none the worse for it.
And it must remain so for some time to come, even if we are reproached with a narrow Mercantilist economics.
But they are quite in line with eighteenth century Mercantilist economic philosophy.
The old mercantilist policy was giving way to early industrialism: a thousand unconscious economic and social forces were compelling the change.
Thus it is customary to say that Adam Smith dates the change from the oldmercantilist economy to the capitalistic economics of the nineteenth century.
He is free from the then prevailing mercantilist fallacies about money.
That language might be held indifferently by the mercantilist and the free-trader.
That was advocated as strongly from the old mercantilist standpoint as it is now from the free-trade one; it was merely sanctioning a little addition to our imports in order to produce a much greater addition to our exports.
The above list will hopefully give you a few useful examples demonstrating the appropriate usage of "mercantilist" in a variety of sentences. We hope that you will now be able to make sentences using this word.
