---
title: "Mercantilism Definition and Overview | Model Diplomat"
description: "Mercantilism is an economic theory advocating for government regulation to boost national power. Discover its historical impact on trade and policy."
url: "https://modeldiplomat.com/learn/glossary/mercantilism"
---

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#

Model Diplomat Research Team · Last reviewed June 22, 2026

TL;DR

- An economic theory prevalent before Smith, advocating for government regulation of the economy to increase national power.
- What is mercantilism?
- How did Adam Smith view mercantilism?
- When was mercantilism most influential?

[Leaders & Thinkers](https://modeldiplomat.com/learn/leaders/glossary)Updated June 22, 2026

An economic theory prevalent before Smith, advocating for government regulation of the economy to increase national power.

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Example

Mercantilism focused on accumulating wealth through trade regulations and government control.

## Sources

- [The Wealth of Nations](https://modeldiplomat.com/learn/glossary/the-wealth-of-nations)

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