- Capitalism - Country's trade
and industry are controlled by private owners for profit.
- Communism - system of social organization based on the holding of all property in common, actual ownership being ascribed to the community as a whole or to the state;
classless
- Free
Enterprise
- an economic and political doctrine holding that a capitalist economy can regulate itself in a freely competitive market through the relationship of supply and demand with a minimum of governmental intervention and regulation.
- Free Market - an economic
system in which prices and wages are determined by unrestricted competition between businesses, without government regulation or fear of monopolies
Sources:
http://dictionary.reference.com/
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