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managed economy vs mercantilism

mercantilism vs managed economy

managed economy and mercantilism both are nouns.

Word NounAdjectiveVerbAdverb
managed economy Yes No No No
mercantilism Yes No No No
As nouns, mercantilism is a hyponym of managed economy; that is, mercantilism 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
  • 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
Other hyponyms of managed economy include socialism, socialist economy, mercantile system, communist economy.
managed economy (noun) mercantilism (noun)
a non-market economy in which government intervention is important in allocating goods and resources and determining prices transactions (sales and purchases) having the objective of supplying commodities (goods and services)
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 mercantilism

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