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entity go
that which is perceived or known or inferred to have its own distinct existence (living or nonliving)
that which is perceived or known or inferred to have its own distinct existence (living or nonliving)
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abstraction, abstract entity go
a general concept formed by extracting common features from specific examples
a general concept formed by extracting common features from specific examples
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market economy, free enterprise, private enterprise, laissez-faire economy
an economy that relies chiefly on market forces to allocate goods and resources and to determine prices
an economy that relies chiefly on market forces to allocate goods and resources and to determine prices
noun.group
1 Subcategories
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capitalism, capitalist economy go
an economic system based on private ownership of capital