Meaning of Mercantilism in Urdu
Meaning and Translation of Mercantilism in Urdu Script and Roman Urdu with Definition, Wikipedia Reference, Image, Synonyms, Antonyms,
Urdu Meaning or Translation
| mercantilism | tijarti nazriya zar ka usool | تجارتي نظريہ زر کا اصول |
Definition
1. transactions (sales and purchases) having the objective of supplying commodities (goods and services) 2. an economic system (Europe in 18th century) to increase a nation's wealth by government regulation of all of the nation's commercial interests |
Wikipedia
Mercantilism was an economic theory and practice, dominant in modernized parts of Europe during 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. |
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Image/Visual
Synonyms
| commercialism competition democracy free enterprise free market industrialism laissez faire mercantilism private enterprise collectivism communism socialism |
Antonyms
| collectivism communism socialism |
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