138 Another Word for Economic Systems? – Economic Systems Synonyms & Antonyms

Want to say economic systems differently? Here are other words for economic systems and its similar synonyms and opposite words to say in unique way.


Meaning of economic systems

The primary meaning of "economic systems" refers to the organized way in which a country or society produces, distributes, and consumes goods and services.

Etymology of economic systems

The term "economic systems" has its roots in the Greek words "oikos" meaning "house" and "nomos" meaning "law" or "management", which together form the word "oikonomia" meaning "household management".
The concept of economic systems has evolved over time, with early societies relying on subsistence economies, followed by the development of more complex systems such as feudalism, mercantilism, and capitalism.

Synonyms

economic structures financial systems monetary policies trade systems commercial systems industrial systems market economies planned economies command economies mixed economies social systems political economies capitalist systems socialist systems communist systems fascist systems mercantilist systems protectionist systems laissez-faire systems welfare systems distributive systems allocative systems regulative systems institutional systems organizational systems administrative systems managerial systems entrepreneurial systems industrialized systems global systems international systems national systems regional systems local systems.

Definitions

  • The system of production, distribution, and exchange of goods and services in a society.
  • The way in which a country or society organizes its economic activity, including the production, distribution, and exchange of goods and services.
  • A network of institutions, relationships, and infrastructures that facilitate the creation, distribution, and exchange of goods and services.

Usage Examples

  • The country's economic system is based on a mix of state-owned and private enterprises.
  • The global economic system is facing significant challenges due to the ongoing pandemic.
  • The economist argued that a planned economic system was more equitable than a market-based system.

Antonyms

chaotic systems disorganized systems unregulated systems unplanned systems anarchic systems autarkic systems isolated systems stagnant systems depressed systems failing systems collapsing systems non-economic systems non-monetary systems bartering systems gift economies sharing economies subsistence economies primitive economies undeveloped economies underdeveloped economies.

Related Adjectives

economic financial monetary commercial industrial market-based planned socialist capitalist communist fascist mercantilist protectionist laissez-faire welfare distributive allocative regulative institutional organizational administrative managerial entrepreneurial global international national regional local.

Related Nouns

economy market industry trade commerce finance business enterprise institution organization system structure framework model policy regulation law rule standard practice procedure process mechanism infrastructure network sector department ministry agency authority.

Related Verbs

produce distribute consume exchange trade buy sell invest manage regulate control organize administer govern supervise oversee monitor analyze evaluate plan develop implement maintain improve reform transform.
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