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
2 April 2025
COVERT
(adjective) secret or hidden; not openly practiced or engaged in or shown or avowed; “covert actions by the CIA”; “covert funding for the rebels”
Coffee Trivia
