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Definition of: mercantile system

A theory in political economy that wealth consists not in labor and its products, but in the quantity of silver and gold in a country, and hence that mining, the exportation of goods, and the importation of gold should be encouraged by the state.

'mercantile system' used in domains:

mercantile-systems.com
mercantilesystemsinc.com
mercantilesystems.com
mercantilesystem.com

Phrases starting with the letter: A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

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