Question by  cyc (16)

What economic philosophy is best associated with the phrase "mother country"?


Answer by  coffins (75)

The economic philosophy that is best associated with the phrase "mother country" is that of mercantilism. In mercantilism, the nation aims to hold as much capital as possible by emphasizing a positive balance of trade in exporting more and importing less. This philosophy was dominant in 16th-18th century Western Europe.


Answer by  RaC (14)

Imperialism could be the best associated with the phrase "mother country". A good example would be England, when they established colonies in other parts of the world.


Answer by  tamarawilhite (17883)

The political entity that most commonly referred to a mother country was the Soviet Union (united socialist soviet republics). That would correlate that economic philosophy with communism, where the government theoretically both owns and manages everything. In reality, the government owned everything and those in the Communist Party had the best food, clothing, housing, the only cars.


Answer by  quisqualis (1756)

The economic philosophy of protectionism would seem to correllate best with the concept of the "mother country." It carries the notion of keeping out the "other."

You have 50 words left!