Meaning Of The Word Mercantile system
What's the definition of Mercantile system? Find Mercantile system meanings, definitions and more at the Real Dictionary online.
Mercantile system Meaning
| Mercantile system Definition |
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What's The Definition Of Mercantile system?
mercantile system in American English
noun: a system of political and economic policy, evolving with the modern national state and seeking to secure a nation's political and economic supremacy in its rivalry with other states. According to this system, money was regarded as a store of wealth, and t mercantile system in British English noun noun: a theory prevalent in Europe during the 17th and 18th centuries asserting that the wealth of a nation depends on its possession of precious metals and therefore that the government of a nation must maximize the foreign trade surplus, and foster national c |
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