mercantile system

Definitions

  • WordNet 3.6
    • n 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 interests
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Chambers's Twentieth Century Dictionary
    • Mercantile system (polit. econ.) the system of encouraging exportation and restricting importation, so that more may be received than is paid away
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Etymology

Chambers's Twentieth Century Dictionary
Fr.,—Low L.—L. mercans, -antis, pr.p. of mercāri, to trade—merx, mercis, merchandise—merēre, to gain.

Usage

In literature:

And, though the negro is the loser, the white man is not often the gainer, from this false plantation and mercantile system.
"The Martin Luther King, Jr. Day, 1995, Memorial Issue" by Various
The entire foreign policy of Cromwell was a practical application of the Mercantile System.
"The Story of Mankind" by Hendrik van Loon
The history of the "Merchant Adventurers" was associated with the growth of the mercantile system for more than 300 years.
"Our Legal Heritage, 5th Ed." by S. A. Reilly
This way one enters Venice by her mercantile shipping gate, where there are chimneys and factories and a vast system of electric wires.
"A Wanderer in Venice" by E.V. Lucas
It must unquestionably have thrown the whole mercantile system of the country into the greatest confusion.
"The Works of the Right Honourable Edmund Burke, Vol. VIII. (of 12)" by Edmund Burke
STATE REGULATION AND THE MERCANTILE SYSTEM.
"The Jacobite Rebellions (1689-1746)" by James Pringle Thomson
The credit system also led many mercantile men into speculations which they never would have entered into under a wholesome system of trade.
"Trade and Travel in the Far East" by G. F. Davidson
Under the mercantile system then in vogue, supplies and markets had now to be sought in England.
"The Colonization of North America" by Herbert Eugene Bolton
But external trade is regulated by governments on the principles of the mercantile system.
"Household Administration" by Various
OF THE PRINCIPLE OF THE COMMERCIAL OR MERCANTILE SYSTEM.
"An Inquiry Into the Nature and Causes of the Wealth of Nations" by Adam Smith
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