(environments definition) An economic system in which decisions concerning production and consumption are made by individuals and organizations without intervention by a central planning authority. The economic laws of supply and demand operate relatively unrestrained by governmental direction, as contrasted with a planned economy.
Pride means having a feeling of being good and worthy. The adjective is proud. The word pride can be used in a good sense as well as in a bad sense. In a good sense it means having a feeling of self-respect. People can be satisfied with their achievements. They can be proud of something good that they have done. They can be proud of (or take pride in) their work.
a : a feeling of happiness that you get when you or someone you know does something good, difficult, etc. [noncount] The sight of her son holding the trophy filled her with pride. [=made her very proud] She spoke with pride [=she spoke proudly] about her son's achievements. She looked at her painting with pride.