Do you mean by mercantile?
of or relating to merchants or trade; commercial. engaged in trade or commerce: a mercantile nation. of or relating to the mercantile system. …
What are examples of mercantile?
The definition of mercantile is something related to merchants or trade. The group of retail business owners are an example of a group that would be described as mercantile. (economics) Concerned with the exchange of goods for profit.
Why is it called a mercantile?
Borrowed from French mercantile, from Italian mercantile, from mercante (“merchant”), from Latin mercāns (“trading”).
What is a mercantile person?
adj. 1 of, relating to, or characteristic of trade or traders; commercial.
What is mercantile store?
1. mercantile establishment – a place of business for retailing goods. outlet, retail store, sales outlet. country store, general store, trading post – a retail store serving a sparsely populated region; usually stocked with a wide variety of merchandise.
What is the synonym of Mercantile?
bread-and-butter. material. money-making. pecuniary. productive.
What is the difference between mercantile and retail?
As adjectives the difference between mercantile and retail is that mercantile is (economics) concerned with the exchange of goods for profit while retail is of, or relating to the (actual or figurative) sale of goods or services directly to individuals.
What is mercantile business?
What are mercantile classes?
Synonyms Mercantile, Commercial. Mercantile applies only to the actual purchase and sale of goods, according to one’s line of business; the mercantile class in a community comprises all such as are actually in the business of buying and selling.
Is Mercantile the same as retail?
What is a mercantile product?
Mercantile establishment means any place where merchandise is displayed, held, or offered for sale either at retail or at wholesale.
What are some facts about mercantilism?
Mercantilism is a form of economic nationalism. It advocates trade policies that protect domestic industries. In mercantilism, the government strengthens the private owners of the factors of production. The four factors are entrepreneurship, capital goods, natural resources, and labor.
Which economic policy would a mercantilist favor?
Beginning around 1650, the British government pursued a policy of mercantilism in international trade. Mercantilism stipulates that in order to build economic strength, a nation must export more than it imports. To achieve this favorable balance of trade, the English passed regulatory laws exclusively benefiting the British economy.
What does mercantillism mean?
mer•can•til•ism. n. 1. an economic and political policy, evolving with the modern nation-state, in which a government regulated the national economy with a view to the accumulation of gold and silver, esp. by achieving a balance of exports over imports. 2. mercantile practices or spirit; commercialism.
What is mercantilism theory?
Mercantilism is an economic theory that advocates government regulation of international trade to generate wealth and strengthen national power. Merchants and the government work together to reduce the trade deficit and create a surplus.