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mercantilism vs managed economy

managed economy vs mercantilism

mercantilism and managed economy both are nouns.

Word NounAdjectiveVerbAdverb
mercantilism Yes No No No
managed economy Yes No No No
As nouns, managed economy is a hypernym of mercantilism; that is, managed economy is a word with a broader meaning than mercantilism:
  • 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
  • managed economy: a non-market economy in which government intervention is important in allocating goods and resources and determining prices
mercantilism (noun) managed economy (noun)
transactions (sales and purchases) having the objective of supplying commodities (goods and services) 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 mercantilism and managed economy

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