economic system


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ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.economic system - the system of production and distribution and consumptioneconomic system - the system of production and distribution and consumption
sector - a social group that forms part of the society or the economy; "the public sector"
black economy - a hidden sector of the economy where private cash transactions go unreported; "no one knows how large the black economy really is"
industrialism - an economic system built on large industries rather than on agriculture or craftsmanship
free enterprise, laissez-faire economy, market economy, private enterprise - an economy that relies chiefly on market forces to allocate goods and resources and to determine prices
mixed economy - an economic system that combines private and state enterprises
non-market economy - an economy that is not a market economy
state capitalism - an economic system that is primarily capitalistic but there is some degree of government ownership of the means of production
state socialism - an economic system in which the government owns most means of production but some degree of private capitalism is allowed
system, scheme - a group of independent but interrelated elements comprising a unified whole; "a vast system of production and distribution and consumption keep the country going"
References in periodicals archive ?
Among them are a contribution to the critique of Karl Marx's economic system (1894), the prehistory of Marxian economics (1911-12), on the history of the theory of value (1903), the psychological tendency in recent political economy (1892), and the dialectical development of categories in Marx's economic system (1929).
Sultan bin Saeed Al Mansouri, the UAE Minister of Economy and chairman of DIEDC, said the latest Global Islamic Economy Indicator testifies to the success of the UAE in pioneering an appropriate Islamic economy ecosystem within a short period, when compared with other nations that have been active in fostering this niche economic system - especially in the halal industries space.
This paper discusses the economic reforms and the resulting economic system of the Baltic states and seeks to explain the choices of the countries.
Safdar stressed the need to promote Islamic values and economic system in the country for the welfare of people.
Vice President and Prime Minister of the UAE and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum said that the Islamic Economic system offers a real opportunity for finding new ways of managing economic, commercial and financial growth.
Emirates News Agency WAM reports him as saying, "The Islamic economic system demonstrated its high efficiency over the years in a way that no other economic system has achieved.
Karachi -- Finance Minister Ishaq Dar says economy is moving in the right direction due to prudent policies of the government and Islamic banking is a complete economic system.
An economic system is a theoretical piece of work unless we put people into it," Zahra said.
economic system is fair to most Americans or gives an edge to the wealthy.
17 (SUNA) - Members of the economic committee of the national dialogue have agreed on adoption of the mixed economic system (mixture of the socialism and capitalism sector) which enables the state to manage part of the economic activity and also paves the way for the private sector to practice the other part of the economic activity.
Capitalism as a global economic system may have worked in the 1900s, but to continue with it now is "calamitous," Mander writes.
Setting the entire discussion within the context of the globalization of production, he offers chapters on the politics-economics nexus in international relations, the historical evolution of the international economic system, North-South dialogue, frameworks for national economic development from Keynes to monetarism, the Bretton Woods monetary order, the role of OPEC in the international economic system, the debt crisis, foreign direct investment and transnational corporations in the global economy, development in Africa, and strategic planning,