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capitalism
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Capitalism
Economic system in which the principal means of production, distribution, and exchange are in private (individual or corporate) hands and competitively operated for profit. A mixed economy combines the private enterprise of capitalism and a degree of state monopoly, as in nationalized industries and welfare services.
Most capitalist economies are actually mixed economies, but some (such as the US and Japanese) have a greater share of the economy devoted to free enterprise.
© Research Machines plc 2008. All rights reserved. Helicon Publishing is a division of Research Machines plc.
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annual percentage rate
balance of payments
bank
Bank of England
Berlin blockade
Berlin Wall
building society
capitalism
Churchill, Winston (Leonard Spencer)
Cold War
Comecon
command economy
communism
council tax
credit (economics)
Cuba
Cuban missile crisis
Czechoslovakia
détente
debt
democracy
disarmament
East German revolt
economic activity
electronic commerce
enterprise zone
euro
European Free Trade Association
European Union
finance, sources of
financial institution
free enterprise
free trade
Germany, Cold War
Gorbachev, Mikhail Sergeyevich
gross domestic product
gross national product
hire purchase
Hungary
imperialism, Soviet
imperialism, US
inflation (economics)
International Monetary Fund
Korean War
loan
manufacturing industry
Marshall Plan
monetarism
mortgage
national debt
National Economic Development Council
nationalism (politics)
non-aligned movement
North Atlantic Treaty Organization
nuclear warfare
overdraft
pension
private enterprise
private finance initiative
private sector
privatization
public sector
public spending
Reagan, Ronald Wilson
service industry
single European currency
Sino-Soviet split
Stalin, Joseph
student finance
taxation
Truman Doctrine
unemployment
Vietnam War
Warsaw Pact
World War II
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