Examlex
A private investment firm that holds a portfolio of securities is called a mutual fund.
Pastoralism
An economic system based on tending herds of large animals.
Collectively owns
The state of ownership where assets or properties are held in common by a group rather than individuals.
State/welfare capitalism
An economic system where the state plays a significant role in protecting and promoting the economic and social well-being of its citizens, often through extensive social services, and public policies aimed at wealth distribution.
Socialism
An economic and political system where the means of production, distribution, and exchange are owned or regulated by the community as a whole.
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