noun
US/ˈmɜːr.kən.tiː.lɪ.zəm/
UK/ˈmɜː.kən.taɪ.lɪ.zəm/
An old economic idea that a country grows rich by selling more than it buys.
In context
In history class we learned how mercantilism pushed European countries to build colonies.
Short entry. Full notes coming.