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Meaning of mercantilism


1 definition found

From WordNet (r) 3.0 (2006) [wn]:

  mercantilism
      n 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 [syn: {mercantilism},
           {mercantile system}]
      2: transactions (sales and purchases) having the objective of
         supplying commodities (goods and services) [syn: {commerce},
         {commercialism}, {mercantilism}]


WordNet ® Princeton University. http://wordnet.princeton.edu

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