“Coffee, the favorite drink of the civilized world.” – Thomas Jefferson, third president of the United States
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
3 April 2025
WHOLE
(noun) an assemblage of parts that is regarded as a single entity; “how big is that part compared to the whole?”; “the team is a unit”
Coffee Trivia
