What do you mean by cameralism?

Cameralism (German: Kameralismus) was a German science of administration in the 18th and early 19th centuries that aimed at strong management of a centralized economy for the benefit mainly of the state. The discipline in its most narrow definition concerned the management of the state’s finances.

Who advocated cameralism?

Members include Victor Mirabeau (1715–89), Pierre Mercier de la Rivière (1719–1801), and Pierre-Samuel du Pont de Nemours (1739–1817). Physiocracy means the rule of nature and, as a doctrine, it advocated a strong agrarian sector with unrestricted domestic trade.

What is cameralism in public administration?

Cameralism, at a practical level, refers to the development from the sixteenth to the eighteenth century of a centralized and sophisticated apparatus of public administration designed to serve the absolutist monarchs of Germany and Austria.

What does mercantilism mean?

Mercantilism was an economic system of trade that spanned from the 16th century to the 18th century. Mercantilism was based on the idea that a nation’s wealth and power were best served by increasing exports and so involved increasing trade.

Which is the best definition of a cameralist?

Definition of cameralist 1 : a public administrative servant of continental rulers of the 17th and 18th centuries who was a mercantilist and advocated economic policies tending to strengthen the position of the ruler 2 : an economist who strongly emphasizes political factors in recommending economic policy

What is the meaning of the word cameralism?

any of the mercantilist economists or public servants in Europe in the 17th and 18th centuries who held that the economic power of a nation can be enhanced by increasing its monetary wealth, as by the accumulation of bullion. Think you remember last week’s words? Take this quiz on the Words of the Day from April 6–12 to find out!

What is the meaning of a family photo?

Photographs provide an easy topic of conversation allowing potential family members, such as boyfriends or girlfriends, to be initiated into family structures and tradition. A key principle to consider when interpreting photographs is that they are produced by choice.

Who is known as the father of cameralism?

Veit Ludwig von Seckendorf (1626–92), who has been called the father of cameralism, was born in Erlangen, and educated in the University of Strasbourg. He went on to become a top bureaucrat for several German states beginning with Gotha, during which he wrote Der Teutscher Furstenstaat (1656).