What are 2 other terms for capitalism and what do they all really mean?

An economic and political system in which a country's trade and industry are controlled by private owners for profit, rather than by the state.

This is the only definition I know.

A. democrat, republican, whig, other.(the democratic and republican parties are the main 2 american political parties, the whig party was popular among the early presidents, and the “other” option allows for outliers)