Mercantilism: Mercantilism is an economic system where nations seek to increase their wealth through trade by exporting more than they import.
Commercial Revolution: The Commercial Revolution was a period of European economic expansion that occurred from the 16th to the 18th century. It involved increased overseas trade, colonization, and the rise of capitalism.
Cottage Industry: Cottage industry refers to small-scale production carried out by individuals or families in their homes using simple tools or equipment.