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 ?
All documents and records will have to be maintained and books of account will have to be prepared on the mercantile system of accounting.
The stock market and the modern mercantile system originated in London and the City has been at the centre of trade and commerce for centuries.
No, it seems some form of mercantile system is essential, if only so that I can get the bus home tonight without arguing over how far I can get in exchange for two picture stories and a restaurant review.