suǒ
yǒu
zhì

technical

Meaning of 个体所有制

个体所有制 means a system in which the means of production and products are owned by individual laborers. Pronounced gè tǐ suǒ yǒu zhì.

  • a system in which the means of production and products are owned by individual laborers

Definitions & Examples

Zài
gǎi
kāi
fàng
chū
 
suǒ
yǒu
zhì
jīng
dào
le
xùn
zhǎn
 

In the early stages of reform and opening up, the individual ownership economy developed rapidly.

Zhè
jiā
xiǎo
diàn
shǔ
suǒ
yǒu
zhì
 
yóu
diàn
zhǔ
jiā
rén
jīng
yíng
 

This small shop operates under individual ownership and is run by the owner's family.

suǒ
yǒu
zhì
shì
shì
chǎng
jīng
de
zhòng
yào
chéng
fèn
 

Individual ownership is an important component of the market economy.