economic nationalism meaning
in(Nationalisum in europe part 2 )
pls say in simple words
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The term ‘nationalism’ is similar to the term ‘patriotism’. However, we must know that there isn’t one rigid meaning of nationalism. We shall look at this very interesting topic by reading about the rise of nationalism in Europe. We will learn how there were several phases of ‘nationalism‘ and how each phase added a different meaning to the word!
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Economic nationalism, also called economic patriotism and economic populism, is an ideology that favors state interventionism over other market mechanisms, with policies such as domestic control of the economy, labor, and capital formation.
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