Definition of protectionism
Short definition: The word protectionism means a policy where a country limits imports or raises taxes on foreign goods to protect its own businesses. People use it to talk about how governments try to support local industries, even if it sometimes makes products more expensive for consumers.
Looking for a clear and natural explanation of the word protectionism? The word protectionism often appears in discussions about trade, jobs, and national economies. It describes the idea of protecting local businesses and workers from foreign competition, usually by using rules like tariffs, import limits, or special taxes. Some people see protectionism as a way to defend a country’s economy, while others see it as something that can slow growth and raise prices. In everyday life, protectionism affects more than politics — it can influence what we buy, how much we pay, and which companies survive. Below, each meaning is explained in a relaxed and natural way, so it feels clear and practical, not stiff like a textbook.
Noun forms: protectionism
Related: protectionist n., adj., tariff n., trade barrier n.
Syllable: pro-tec-tion-ism
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A policy of protecting local businesses from foreign competition.
In its most common meaning, protectionism is when a country uses rules and taxes to make foreign products harder or more expensive to sell. The goal is to help local companies survive and grow, especially when they cannot compete with cheaper imports. Supporters say it saves jobs, while critics say it limits choice and raises prices.
The government introduced protectionism to support struggling local factories.Farmers welcomed the new protectionism policies that reduced foreign competition.Many shoppers felt the effects of protectionism when prices began to rise.Synonyms: trade protection, economic shielding, market defense, domestic industry support, import control, trade barriers policy, national industry defense, market protection, economic guarding, trade restriction approach, local-business defense, protective trade policy
Antonyms: free trade, open markets, trade liberalization, global competition, open economy, tariff-free policy, borderless trade, international cooperation, free exchange system, open-trade approach, market openness, global trade access -
A belief that the national economy should come first.
Beyond policy, protectionism also describes a mindset. It is the belief that a country should prioritize its own workers and businesses, even if that means limiting international trade. People who support this view often talk about independence, self-reliance, and economic safety.
His speech focused on protectionism as a way to protect local jobs.The debate showed how protectionism appeals to people who fear losing work.Some voters supported protectionism because they wanted stronger national industries.Synonyms: economic nationalism, country-first trade view, self-reliance policy, national-first economy, inward-looking trade, domestic-priority thinking, trade independence belief, home-market focus, national interest economics, self-protection mindset, local-first policy, inward trade approach
Antonyms: global cooperation mindset, internationalism, shared-economy thinking, open-trade belief, world-market focus, cross-border partnership, trade openness view, global integration, international collaboration, outward-looking policy, cooperative economics, shared-growth mindset -
A strategy used during economic hardship.
Protectionism often becomes popular when an economy is struggling. Leaders may turn to it to protect jobs and reduce dependence on foreign goods. In hard times, it feels like a safety move, even if the long-term effects are debated.
During the crisis, protectionism became part of the recovery plan.Many countries increased protectionism when unemployment rose.The policy shift toward protectionism reflected fears about economic stability.Synonyms: crisis trade policy, defensive economics, emergency trade control, job-protection strategy, market-defense response, recession policy tool, economic shield approach, downturn protection plan, safety-first trade move, stability-focused trade policy, defensive trade stance, emergency protection measure
Antonyms: growth-driven trade, expansion policy, open-market recovery, free-trade recovery plan, global-market confidence, trade-liberal growth, outward economic strategy, expansion-focused policy, cooperative growth plan, open-economy response, global recovery approach, shared-growth solution -
A cause of tension between trading countries.
Protectionism can also lead to conflict. When one country blocks imports, others may respond with their own restrictions. This back-and-forth can damage relationships and slow down global trade.
Rising protectionism increased tension between the two nations.Businesses worried that protectionism would hurt international partnerships.Experts warned that protectionism could lead to trade wars.Synonyms: trade tension policy, economic conflict driver, trade-war trigger, market-blocking approach, diplomatic trade friction, economic rivalry strategy, border-control trade style, trade restriction conflict, global trade barrier stance, international trade friction, hostile trade policy, economic isolation move
Antonyms: trade cooperation, economic partnership, friendly trade relations, international harmony, shared-market approach, trade diplomacy, cooperative trade system, peaceful trade relations, global partnership, economic unity, mutual growth policy, open-trade diplomacy -
A debate about balance between safety and growth.
At a deeper level, protectionism represents the struggle between feeling safe and staying open. Some people believe strong borders protect the economy, while others believe openness brings innovation and progress. The word often appears when people argue about how much protection is too much.
The election debate centered on whether protectionism or free trade was better.Students discussed how protectionism affects long-term economic growth.For many, protectionism is about choosing safety over risk.Synonyms: safety-first economics, cautious trade policy, risk-avoidance trade view, guarded economy approach, defensive growth mindset, security-focused trade stance, conservative trade thinking, protection-based strategy, safe-economy philosophy, inward-safety model, guarded-market belief, cautious-globalization view
Antonyms: growth-first economics, risk-taking trade view, open-economy philosophy, innovation-driven policy, expansion mindset, opportunity-focused trade stance, global-growth approach, outward-looking economy, progressive trade thinking, opportunity-first strategy, open-market philosophy, forward-growth view