MERCANTILE SYSTEM
(noun)Definitions
There is 1 meaning of the phrase
Mercantile System.
Mercantile System - as a noun
An economic system (europe in 18th century) to increase a nation's wealth by government regulation of all of the nation's commercial interests
Synonyms (Exact Relations)
Example Sentences
"The mercantile system restricts trade between nations to benefit the home country."
"Under the mercantile system, colonies were seen as sources of raw materials and markets for finished goods."
"The mercantile system encouraged the accumulation of precious metals like gold and silver."
"Mercantilism is often associated with the mercantile system."
"The mercantile system promoted protectionist policies such as tariffs and subsidies."