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Dictionary entry overview: What does mercantile system mean?
• MERCANTILE SYSTEM (noun)
The noun MERCANTILE SYSTEM has 1 sense:
1. an economic system (Europe in 18th century) to increase a nation's wealth by government regulation of all of the nation's commercial interests
Familiarity information: MERCANTILE SYSTEM used as a noun is very rare.
Dictionary entry details
|Sense 1||mercantile system [BACK TO TOP]|
An economic system (Europe in 18th century) to increase a nation's wealth by government regulation of all of the nation's commercial interests
Nouns denoting groupings of people or objects
mercantile system; mercantilism
Hypernyms ("mercantile system" is a kind of...):
managed economy (a non-market economy in which government intervention is important in allocating goods and resources and determining prices)
Europe (the 2nd smallest continent (actually a vast peninsula of Eurasia); the British use 'Europe' to refer to all of the continent except the British Isles)
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