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Meaning of MERCANTILISM

Pronunciation:  'murkunti`lizum

WordNet Dictionary
 
 Definition: 
  1. [n]  transactions (sales and purchases) having the objective of supplying commodities (goods and services)
  2. [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
 
 Websites: 
 
 Synonyms: commerce, commercialism, mercantile system
 
 See Also: business, business enterprise, carriage trade, commercial enterprise, dealing, dealings, defrayal, defrayment, distribution, evasion, exchange, exportation, exporting, importation, importing, initial offering, initial public offering, interchange, IPO, managed economy, marketing, merchandising, nonpayment, payment, selling, shipping, trade, trading, traffic, transaction, transport, transportation

 

 

 

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