USA HISTORY

Detailed explanation-1: -The word “mercantile” means of or pertaining to the business of merchants, i.e., to the commerce, trade, or business of selling and buying merchandise, acting on or conducting business principles, trading, and other commercial principles.

Detailed explanation-2: -: of or relating to merchants or trading.

Detailed explanation-3: -mercantile trading companies are the companies which buy goods at low cost and sell at high price.

Detailed explanation-4: -It is often considered an outdated system. The noun mercantilism came from the Latin mercāns, or “buyer.” It was a system that encouraged the idea of government trade regulation to gain wealth, a move away from agriculture system as an economic base.

Detailed explanation-5: -Commercial is the broader term, including the other. 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.