The terms “capitalist economy” and “free market economy” are often used interchangeably, but there are differences, at least in the theories that underpin them. In both, the law of supply and demand ...

Capitalism relies on private ownership and profits, with minimal government intervention. Supply and demand dictate pricing and distribution in capitalist systems. Critics argue capitalism can lead to ...

Mixed economies blend free market and socialist elements, balancing efficiency and social welfare. Advantages include efficient resource allocation and innovation-driven profit, as seen with Apple.

Former Prime Minister Sheikh Hasina frequently claimed that Bangladesh was a "market economy." But is it? A market economy is, by definition, a capitalist economy guided by prices, competition, and ...