Crony Capitalism
- Gloss
- an economic system in which there are close relationships between government officials and business leaders, in a way that may give personal advantage to the government officials and unfair influence in government to the business leaders
- Usage
- The government has often been accused of corruption and crony capitalism.
- Reference
- oxfordlearnersdictionaries.com
Sanskrit equivalent
मित्रपोषी पूँजीवाद
- Synonyms
- अर्थशास्त्रीयम्
- Context
- Economics More in Business & Finance →