CRONY CAPITALISM
Dictionary
Term of the Day
Articles
Subjects
BusinessDictionary
crony capitalism
Definition
Popular Terms
An economy that is nominally free-market, but allows for preferential regulation and other favorable government intervention based on personal relationships. In such a system, the false appearance of “pure” capitalism is publicly maintained to preserve the exclusive influence of well-connected individuals.
immediate famil…
dislocated work…
business
globalization
marginal benefi…
revenue
product
elasticity of d…
economic system
Use ‘crony capitalism’ in a Sentence
I thought we were living in more of a crony capitalism and that the appearance of capitalism was a facade.
17
people found this helpful
The outrageous crony capitalism accusation left a bad taste in everyone’s mouth who was present during the televised national debate.
15
people found this helpful
If you are working in a crony capitalism you need to try and take full advantage of it and get all that you can.
14
people found this helpful
Show More Examples
You Also Might Like…
Jeffrey Glen
Capitalism vs. Socialism
Capitalism and Socialism are both economic schools of thought that are to an extent virtually opposite of each other. Understanding the differences between them is important as it can help you understand a great deal about economic discussion and … Read more
Jeffrey Glen
Communism vs. Socialism
More often than not, in media and in conversation the concepts of Communism and Socialism are used interchangeably to refer to the essentially the same economic/political philosophy. In reality these are two different philosophies that while having … Read more
Jeffrey Glen
Conservative vs. Liberal
Leo Sun
Government Aide for Minority Small Business Owners
Jeffrey Glen
Communism vs. Democracy
Embed
Quiz
Pop Quiz – What Does ‘Economic Crisis’ Mean?AThe process of using a computer program to transmit information electronically to another party. This allows the user to complete and submit the information in a timely fashion. The electronic filing …BA situation in which the economy of a country experiences a sudden downturn brought on by a financial crisis. An economy facing an economic crisis will most likely experience a falling GDP, a drying …CPopular name for electronic hub.DA type of technological attack, where the purpose is to overwhelm and shut down a mailbox or an entire e-mail server. There are many ways that an e-mail bomb can be created, including setting up a …
Browse Dictionary by Letter:
#
A
B
C
D
E
F
G
H
I
J
K
L
M
N
O
P
Q
R
S
T
U
V
W
X
Y
Z
© 2018
WebFinance Inc.
All Rights Reserved.Unauthorized duplication, in whole or in part, is strictly prohibited.
Privacy, Disclaimers & Copyright
COMPANY
About Us
Contact Us
Advertise with Us
Careers
RESOURCES
Articles
Flashcards
Citations
All Topics
FOLLOW US
OUR APPS
SHARE
Read more: http://www.businessdictionary.com/definition/crony-capitalism.html