(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 is the root of all sin. It causes us to turn away from God instead of turning to Him. All disobedience has pride as its root. All rebellion has pride behind it. All mistreatment of other people is caused by pride: someone putting their self and their feelings above the other person and their feelings.