mercantile system vs managed economy
managed economy vs mercantile systemmercantile system and managed economy both are nouns.
| Word | Noun | Adjective | Verb | Adverb |
|---|---|---|---|---|
| mercantile system | Yes | No | No | No |
| managed economy | Yes | No | No | No |
As nouns,
managed economy is a hypernym of
mercantile system; that is, managed economy is a
word with a broader meaning than mercantile system:
- 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
- managed economy: a non-market economy in which government intervention is important in allocating goods and resources and determining prices
| mercantile system (noun) | managed economy (noun) |
|---|---|
| an economic system (Europe in 18th century) to increase a nation's wealth by government regulation of all of the nation's commercial interests | a non-market economy in which government intervention is important in allocating goods and resources and determining prices |
Words related to "mercantile system"
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