English Dictionary

MERCANTILE SYSTEM

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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 interestsplay

  Familiarity information: MERCANTILE SYSTEM used as a noun is very rare.


 Dictionary entry details 


MERCANTILE SYSTEM (noun)


Sense 1

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

Classified under:

Nouns denoting groupings of people or objects

Synonyms:

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)

Domain region:

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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