noun ·Rare ·Advanced level

Definitions

Noun

1. 1
   An economic system of business governed by the laws of supply and demand with minimal government interference, regulation, or subsidy. uncountable
2. 2
   an economy that relies chiefly on market forces to allocate goods and resources and to determine prices wordnet

Synonyms

All synonyms

autarkybimetallismbourgeoiscapitalismcapitalistcapitalistic system

Antonyms

All antonyms

socialism