(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.
noun. 1  Pride is the state of holding one's self or another in high esteem. An example of pride is the feeling a parent has when his child graduates from college. 2  The definition of a pride is a group of lions. An example of pride is the family of lions in The Lion King.