• word of the day

    mercantilism

    mercantilism - Dictionary definition and meaning for word mercantilism

    Definition
    (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 : mercantile system
    Definition
    (noun) transactions (sales and purchases) having the objective of supplying commodities (goods and services)
    Synonyms : commerce , commercialism
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