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  1. Dictionary
    capitalism
    /ˈkapɪtəlɪz(ə)m/

    noun

    • 1. 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: "an era of free-market capitalism"

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  2. May 8, 2024 · Capitalism is an economic system in which capital goods are owned by private individuals or businesses. The production of goods and services is based on supply and demand in the general market ...

  3. en.wikipedia.org › wiki › CapitalismCapitalism - Wikipedia

    Capitalism is characterized by private ownership of the factors of production. Decision making is decentralized and rests with the owners of the factors of production. Their decision making is coordinated by the market, which provides the necessary information. Material incentives are used to motivate participants.

  4. CAPITALISM definition: 1. an economic and political system in which property, business, and industry are controlled by…. Learn more.

  5. capitalism: [noun] an economic system characterized by private or corporate ownership of capital goods, by investments that are determined by private decision, and by prices, production, and the distribution of goods that are determined mainly by competition in a free market.

  6. Capitalism is a widely adopted economic system in which there is private ownership of the means of production. Modern capitalist systems usually include a market-oriented economy, in which the production and pricing of goods, as well as the income of individuals, are dictated to a greater extent by market forces resulting from interactions ...