Terms related to economic systems
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| show | private or corporate ownership of capital goods, by investments that are determined by private decision, and by prices, production, and the distribution of goods that are determined mainly by competition in a free market
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| show | freedom of private business to organize and operate for profit in a competitive system without interference by government beyond regulation necessary to protect public interest and keep the national economy in balance
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| show | collective or governmental ownership and administration of the means of production and distribution of goods
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| show | a system in which goods are owned in common and are available to all as needed; no private property or ownership
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| Consumer | show 🗑
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| Producer | show 🗑
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| Standard of Living | show 🗑
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| Supply and Demand | show 🗑
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| Private Ownership | show 🗑
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| show | the government owns property, businesses, industries, etc.
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| Tariffs | show 🗑
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| Capital | show 🗑
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| Imports | show 🗑
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| show | to carry or send (something, such as a commodity) to some other place (such as another country)
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| show | to trade goods or services in exchange for other goods or services
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| Trade | show 🗑
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| show | the quantity or amount (as of a commodity) needed or available
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| show | an act of demanding or asking especially with authority
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| Mercantilism | show 🗑
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| Market Economy | show 🗑
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| Traditional Economy | show 🗑
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| show | an economy in which some companies are owned by the government and other companies are not
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| show | an economic system in which activity is controlled by a central authority and the means of production are publicly owned
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