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The terms FREE MARKET ECONOMICS and capitalism are used relatively interchangeably because both refer to a system where business owners make local decisions to produce, sell, and buy various products based on market demand, rather than government demands.

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βˆ™ 8y ago
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βˆ™ 12y ago

Another term for capitalism is market economy.

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βˆ™ 9y ago

A few other words for economics could be: Finance, Business, and/or Social Science.

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Wiki User

βˆ™ 11y ago

free enterprise system

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paulbenn

Lvl 13
βˆ™ 2y ago

Wages-prices-profit system

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King Hades

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βˆ™ 3y ago

capitalist economy

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Q: What is another name for capitalist system?
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Related questions

What is another name for a capitalist economy?

Another name of capitalism is "communist"


What another name for economic system?

Capitalist Mixed Economy


Another term for a capitalist system is a?

Another term for a capitalist system is a Laissez-faire system.


What is a natural regulatory occurrence in a Capitalist system?

natural regulator occurrence in capitalist system


Are communism and capitalism considered to be parties?

They are not considered to be parties. Capitalism is an economic system, Communism is a political ideology that aims for a post-capitalist economic system. There are Communist parties, which claim to want to build a communist system eventually. There are no parties with the name capitalist, because we currently live in a capitalist society. Basically, all political parties are capitalist - they are all parties of capitalism.


Is Venezuela capitalist or socialist?

It’s capitalist: wages system, class ownership, production for profit. And capitalist countries have capitalist governments.


Is US a capitalist economy or mixed economy?

Capitalist: wages system,production for profit, class ownership.


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The United States is a capitalist system. A capitalist system is based on an economy made up of privately owned businesses.


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A capitalist system involves people working for themselves in order to make a profit. A capitalist government usually believes in rare government intervention, low taxes on businesses, promoting privatisation and encouraging foreign investment.


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Another name for the circulatory system would be the cardiovascular system.


What is another name for circulatory system?

Another name for the circulatory system would be the cardiovascular system.


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