Definition that contains economic system
- capitalism an economic system based on private ownership of capital
- socialism an economic system based on state ownership of capital
- economically with respect to the economic system
- mercantile of or relating to the economic system of mercantilism
- historical school a school of 19th century German economists and legal philosophers who tried to explain modern economic systems in evolutionary or historical terms
- state capitalism an economic system that is primarily capitalistic but there is some degree of government ownership of the means of production
- mercantile system an economic system (Europe in 18th century) to increase a nation's wealth by government regulation of all of the nation's commercial interests
- state socialism an economic system in which the government owns most means of production but some degree of private capitalism is allowed
- mixed economy an economic system that combines private and state enterprises
- industrialism an economic system built on large industries rather than on agriculture or craftsmanship