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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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Wiki User

βˆ™ 7y ago
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βˆ™ 12y ago

Another term for capitalism is market economy.

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Wiki User

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™ 1y 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.


What kind of the system is the united state?

The US is capitalist: wages system, production for sale, class ownership of the means of production.


Is US a capitalist economy or mixed economy?

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


What is a capitalistic system?

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.


What is another name for the circulatory system?

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.


What is another name for the decimal system?

There is not another name.