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 (synset 108384266)
    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
    is a type of: managed economy - a non-market economy in which government intervention is important in allocating goods and resources and determining prices
    same as: mercantilism

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