mercantilism
Definition of
mercantilism
:
an
economic
system
(
Europe
in
18th
century
) to
increase
a
nation
'
s
wealth
by
government
regulation
of
all
of the
nation
'
s
commercial
interests
transactions
(
sales
and purchases) having the
objective
of
supplying
commodities (goods and
services
)
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