laissez-faire economy vs capitalist economy
capitalist economy vs laissez-faire economylaissez-faire economy and capitalist economy both are nouns.
| Word | Noun | Adjective | Verb | Adverb |
|---|---|---|---|---|
| laissez-faire economy | Yes | No | No | No |
| capitalist economy | Yes | No | No | No |
As nouns,
capitalist economy is a hyponym of
laissez-faire economy; that is, capitalist economy is a
word with a more specific, narrower meaning than
laissez-faire economy:
- laissez-faire economy: an economy that relies chiefly on market forces to allocate goods and resources and to determine prices
- capitalist economy: an economic system based on private ownership of capital
Other hyponyms of laissez-faire economy include
capitalism.
| laissez-faire economy (noun) | capitalist economy (noun) |
|---|---|
| an economy that relies chiefly on market forces to allocate goods and resources and to determine prices | an economic system based on private ownership of capital |
Words related to "laissez-faire economy"
© WordCmp.com 2024,
CC-BY 4.0 / CC-BY-SA 3.0.