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Mercantilism
An economic theory and practice where government regulation of a nation's economy is used to increase state power at the expense of rival national powers.
Laissez-faire
Laissez-faire is an economic philosophy advocating minimal governmental intervention in the marketplace and the economic activities of individuals and businesses.
Precious Metals
Metals of high economic value, often used as an investment or industrial commodity, including gold, silver, platinum, and palladium.
Deficit Financing
The practice of funding government spending by borrowing rather than from taxation or savings, often leading to a budget deficit.
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