Penner's, who baptized the term mercantilism?
One entry found for mercantilism. Main Entry: mer·can·til·ism Pronunciation: -"tE-"li-z&m, -"tI-, -t&- Function: noun Date: 1873 1 : the theory or practice of mercantile pursuits : COMMERCIALISM 2 : an economic system developing during the decay of feudalism to unify and increase the power and especially the monetary wealth of a nation by a strict governmental regulation of the entire national economy usually through policies designed to secure an accumulation of bullion, a favorable balance of trade, the development of agriculture and manufactures, and the establishment of foreign trading monopolies - mer·can·til·ist /-list/ noun or adjective - mer·can·til·is·tic /"m&r-k&n-"tE-'lis-tik, -"tI-, -t&-/ adjective
