(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.
Pride and Prejudice is a romantic novel by Jane Austen, first published in 1813. The story charts the emotional development of the protagonist, Elizabeth Bennet, who learns the error of making hasty judgments and comes to appreciate the difference between the superficial and the essential.