HyperDic: mercantile_system

English > 1 sense of the expression mercantile system:
NOUNgroupmercantile system, mercantilisman economic system (Europe in 18th century) to increase a nation's wealth by government regulation of all of the nation's commercial interests
English > mercantile system: 1 sense > noun 1, group
MeaningAn economic system (Europe in 18th century) to increase a nation's wealth by government regulation of all of the nation's commercial interests.
Synonymmercantilism
RegionEuropeThe 2nd smallest continent (actually a vast peninsula of Eurasia)
Broadermanaged economyA non-market economy in which government intervention is important in allocating goods and resources and determining prices
Spanishmercantilismo
Catalanmercantilisme

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