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Ideology
a system of ideas and ideals, especially one which forms the basis of economic or political theory and policy.
Mercantilism
The main goal was to increase a nation’s wealth by promoting government rule of a nation’s economy to enhance state power at the expense of rival national power.
Ethnocentrism
the belief that one race or nation is superior to others.
Imperialism
The policy of extending the rule of authority of an empire or nation over foreign countries.
Laissez Faire
Laissez-faire is a type of economic system in which transactions between private groups of people are free from any form of economic interventionism
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