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- Dictionarycapitalism/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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The meaning of CAPITALISM is 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.
May 8, 2024 · Capitalism is an economic system characterized by private ownership of the means of production, with labor solely paid wages. Capitalism depends on the enforcement of private...
May 28, 2024 · Capitalism, economic system, dominant in the Western world since the breakup of feudalism, in which most means of production are privately held and production, prices, and incomes are determined by markets. Learn more about the history and development of capitalism in this article.
an economic and political system in which property, business, and industry are controlled by private owners rather than by the state, with the purpose of making a profit: The former communist embraced capitalism and started his own company. She wrote that capitalism was devastating the environment.
Capitalism is an economic system based on the private ownership of the means of production and their operation for profit.
Capitalism is often thought of as an economic system in which private actors own and control property in accord with their interests, and demand and supply freely set prices in markets in a way that can serve the best interests of society. The essential feature of capitalism is the motive to make a profit.
Capitalism is a widely adopted economic system in which there is private ownership of the means of production.
the economic, political, and social system that is based on property, business, and industry being privately owned, and is directed towards making the greatest possible profits for private people and organizations: Under capitalism, people are motivated by the idea of personal profit and success.
an economic system in which investment in and ownership of the means of production, distribution, and exchange of wealth is made and maintained chiefly by private individuals or corporations, especially as contrasted to cooperatively or state-owned means of wealth.
capitalism, or free-market economy or free-enterprise system, Economic system in which most of the means of production are privately owned, and production is guided and income distributed largely through the operation of markets. Capitalism has been dominant in the Western world since the end of mercantilism.
