town economy

noun

: the stage or system in economic history in which the center of trade and commerce is a town (as a medieval walled town) with a distinct merchant class and considerable division of labor

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Dictionary Entries Near town economy

Cite this Entry

“Town economy.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/town%20economy. Accessed 10 Dec. 2024.

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