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mercantilistic
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Pertaining to mercantilism, or to the mercantile system in political economy characteristic of mercantilists. |
bMercantilismb was an economic theory and practice, dominant in Europe from the 16th to the 18th century, that promoted governmental regulation of a nation's economy for the purpose of augmenting state power at the expense of rival national powers. It is the economic counterpart of political absolutism. |