economic system economic system
- (n) the system of production and distribution and consumption
- On the main cause -- the utter hopelessness of communism as an economic system -- both sides got it right in their hearts but somehow wrong in their heads.
- And only by playing hardball within the globalized economic system, he thinks, can developing nations grow.
- Capitalism may be the best economic system that man has come up with, but no one ever said it would create stability.