mercantile system


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Noun1.mercantile system - an economic system (Europe in 18th century) to increase a nation's wealth by government regulation of all of the nation's commercial interestsmercantile system - an economic system (Europe in 18th century) to increase a nation's wealth by government regulation of all of the nation's commercial interests
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
References in periodicals archive ?
After 1807, British suppression efforts reinforced this trend, which was enabled through a complex mercantile system of traders who dominated the trans-Atlantic migration and brokered the trade along the coast north of the Congo River to southern Angola.
A final section describes a new maritime and mercantile system. The topics include ports in the Indian Ocean, northern Indian Ocean Islamic seaports and the interior of the Arabian Peninsula, Qalbat and Sur, the southern Batihah ports, the Port of Gwadar and its relationship with Oman, East Africa and Oman c.
According to the amendments to the Federal Law "On Veterinary Medicine" effective from July 1, 2018, all veterinary and accompanying documents in Russia will have to be registered electronically through the Mercury Mercantile System.
The barter method gave way to the mercantile system, where recognised forms of currency yielded purchasing powers beyond the previous means of quantity and quality of goods or services.
The establishment of the mercantile system and the creation of a financial recording system were critical in the establishment of modern capitalism.