In 1511, leaders in Mecca believed coffee stimulated radical thinking and outlawed the drink. In 1524, the leaders overturned that order, and people could drink coffee again.
MERCANTILISM
commerce, commercialism, mercantilism
(noun) transactions (sales and purchases) having the objective of supplying commodities (goods and services)
mercantilism, mercantile system
(noun) an economic system (Europe in 18th century) to increase a nation’s wealth by government regulation of all of the nation’s commercial interests
Source: WordNet® 3.1
Etymology
Noun
mercantilism (countable and uncountable, plural mercantilisms)
(historical, economics) The theory that a nation must always have a positive balance of trade, in the manner that a merchant would operate a shop. Typically this model presupposes protectionism.
(economics) The theory that holds that the prosperity of a nation depends upon its supply of capital, and that the global volume of trade is unchangeable.
Source: Wiktionary
Recent Word Finds
Word of the Day
9 May 2025
RIGHT
(noun) anything in accord with principles of justice; “he feels he is in the right”; “the rightfulness of his claim”
Coffee Trivia