mercantile system

Thesaurus

Noun

1.

mercantile system - an economic system (Europe in 18th century) to increase a nation's wealth by government regulation of all of the nation's commercial interestsmercantilismmanaged economy - a non-market economy in which government intervention is important in allocating goods and resources and determining pricesEurope - 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