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managed economy vs mercantile system

mercantile system vs managed economy

managed economy and mercantile system both are nouns.

Word NounAdjectiveVerbAdverb
managed economy Yes No No No
mercantile system Yes No No No
As nouns, mercantile system is a hyponym of managed economy; that is, mercantile system is a word with a more specific, narrower meaning than managed economy:
  • managed economy: a non-market economy in which government intervention is important in allocating goods and resources and determining prices
  • 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
Other hyponyms of managed economy include socialism, socialist economy, mercantilism, communist economy.
managed economy (noun) mercantile system (noun)
a non-market economy in which government intervention is important in allocating goods and resources and determining prices an economic system (Europe in 18th century) to increase a nation's wealth by government regulation of all of the nation's commercial interests
Difference between managed economy and mercantile system

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