noun
- Plural of protectionism; economic policies or systems that restrict imports to protect domestic industries from foreign competition.
Usage: Usually used in plural to refer to multiple instances, varieties, or contexts of protectionist policies; Common in economics and political discourse
Examples
- Different countries have adopted various protectionisms to shield their manufacturing sectors.
- The debate over protectionisms has intensified as global trade tensions rise.
- Economists warn that competing protectionisms could trigger a trade war.
- Historical protectionisms in the 1930s worsened the Great Depression.
- Modern protectionisms take many forms, from tariffs to quotas and subsidies.