#economic_system__economy the system of production and distribution and consumption
supertype: #system a group of independent but interrelated elements comprising a unified whole; "a vast system of production and distribution and consumption keep the country going"
part: #sector.body
subtype: #industrialism an economic system built on large industries rather than on agriculture or craftsmanship
subtype: #market_economy__free_enterprise__laissez-faire_economy__laissezfaireeconomy an economy that relies chiefly on market forces to allocate goods and resources and to determine prices
subtype: #capitalism__capitalist_economy an economic system based on private ownership of capital
subtype: #non-market_economy an economy that is not a market economy
subtype: #managed_economy a non-market economy in which government intervention is important in allocating goods and resources and determining prices
subtype: #socialist_economy__socialisteconomy__socialism an economic system based on state ownership of capital
subtype: #communism a form of socialism that abolishes private ownership
subtype: #bolshevism__collectivism__Marxism-Leninism__Leninism__Marxism__Sovietism__sovietism a form of communism based on the writings of Marx and Lenin
subtype: #revisionism a moderate evolutionary form of Marxism
subtype: #revisionism.bolshevism any dangerous departure from the teachings of Marx
subtype: #Castroism a form of communism developed in Cuba by Fidel Castro
subtype: #Maoism a form of communism developed in China by Mao Zedong
subtype: #International any of several international socialist organizations
subtype: #Nazism__Naziism__naziism__national_socialism a form of socialism featuring racism and expansionism
subtype: #mercantilism__mercantile_system an economic system (Europe in 18th C) to increase a nation's wealth by government regulation of all of the nation's commercial interests
subtype: #communist_economy__communisteconomy the managed economy of a communist state
subtype: #state_capitalism__statecapitalism an economic system that is primarily capitalistic but there is some degree of government ownership of the means of production
subtype: #state_socialism__statesocialism an economic system in which the government owns most means of production but some degree of private capitalism is allowed
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