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Mercantile system   /mˈərkəntˌaɪl sˈɪstəm/   Listen
Mercantile system

noun
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.  Synonym: mercantilism.





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"Mercantile system" Quotes from Famous Books



... feature of this period is the efforts made by the nations to improve their condition, especially to increase the thrift and to raise the standing of the middle class. An illustration is what is called the "mercantile system" in France. Along with this change, there is progress in the direction of greater breadth in education and culture. In both of these movements, rulers and peoples cooperate. Monarchical power, upheld by standing armies, reaches its climax. The result is internal order, coupled with ...
— Outline of Universal History • George Park Fisher
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Words linked to "Mercantile system" :   managed economy, Europe


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