Difference between Mercantilism and Commercialism
What is the difference between Mercantilism and Commercialism?
Mercantilism as a noun is an economic theory that holds that the prosperity of a nation depends upon its supply of capital, and that the global volume of trade is "unchangeable". while Commercialism as a noun is the practices, methods, aims, and spirit of commerce or business.
Mercantilism
Part of speech: noun
Definition: An economic theory that holds that the prosperity of a nation depends upon its supply of capital, and that the global volume of trade is "unchangeable".
Commercialism
Part of speech: noun
Definition: The practices, methods, aims, and spirit of commerce or business.The capitalist tendency to value profit over everything else.
We hope you now know whether to use Mercantilism or Commercialism in your sentence.
