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