| NOUN | group | mercantile system, mercantilism | an economic system (Europe in 18th century) to increase a nation's wealth by government regulation of all of the nation's commercial interests |
|---|
| Meaning | An economic system (Europe in 18th century) to increase a nation's wealth by government regulation of all of the nation's commercial interests. | |
|---|---|---|
| Synonym | mercantilism | |
| Region | Europe | The 2nd smallest continent (actually a vast peninsula of Eurasia) |
| Broader | managed economy | A non-market economy in which government intervention is important in allocating goods and resources and determining prices |
| Spanish | mercantilismo | |
| Catalan | mercantilisme | |
©2001-25 · HyperDic hyper-dictionary · Contact