Meaning of MERCANTILE SYSTEM
| Pronunciation: | | 'murkun`teel 'sistum
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 WordNet Dictionary |
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| | Definition: | |
[n] an economic system (Europe in 18th C) to increase a nation's wealth by government regulation of all of the nation's commercial interests |
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| | Synonyms: | | mercantilism |
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| | See Also: | | managed economy | |
| Glossary |
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| | Definition: | | a system of ownership common in Europe and elsewhere after the eighteenth century in which land became the private property of individual owners. |
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