Problem

Proliferation of commercialism


Experimental visualization of narrower problems
Other Names:
Commercialization of society
Mercantilism
Nature:

Individuals or societies are becoming more and more dominated by acquisitiveness and valuing all things in terms of prices in the market.

Background:

Mercantilism is the theory or practice of mercantile pursuits. It is an economic system that developed in the 17 century with the rise of the modern centralized nation state and was intended to increase the power and especially the monetary wealth of a nation by strict regulation of the national economy, usually through policies designed to secure an accumulation of bullion, a favourable balance of trade, the development of agriculture and manufactures, and the establishment of foreign trading monopolies.

Related UN Sustainable Development Goals:
GOAL 10: Reduced InequalityGOAL 12: Responsible Consumption and Production
Problem Type:
C: Cross-sectoral problems
Date of last update
09.04.2019 – 12:34 CEST