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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"

   Scrabble Points: 16

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   • A

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   • I

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   • I

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2. www.investopedia.com › terms › cWhat Is Capitalism: Varieties, History, Pros & Cons, Socialism

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   May 8, 2024 · Capitalism is the dominant world economic system, although it often isn’t pure in form. In many countries, interventions from the state, a core trait of socialism, are frequent.

   • Author: Daniel Liberto

   • Video Duration: 2 min

3. www.britannica.com › money › capitalismCapitalism | Definition, Characteristics, History ...

   www.britannica.com › money › capitalism

   Nov 6, 2024 · 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 between private businesses and individuals than by ...

4. Videos

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     What Is Capitalism?

     Nov 12, 2020

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     What is Capitalism? Capitalism Explained | Pros and Cons of Capitalism? Who is Adam Smith?

     Apr 26, 2023

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     What is Capitalism? | History, Meaning, Pros and Cons of Capitalism

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

   en.wikipedia.org › wiki › Capitalism

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   Capitalism is an economic system based on the private ownership of the means of production and their operation for profit. [1][2][3][4][5] The defining characteristics of capitalism include private property, capital accumulation, competitive markets, price systems, recognition of property rights, self-interest, economic freedom, meritocracy ...

6. www.imf.org › Series › Back-to-BasicsWhat Is Capitalism? - IMF

   www.imf.org › Series › Back-to-Basics

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   Capitalism is an economic system based on private property, self-interest, competition, and market mechanism. Learn about the different forms of capitalism, the Keynesian critique, and the challenges of crony capitalism.

7. People also ask

   What does capitalism mean in economics?

   • 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. How to use capitalism in a sentence.

   Capitalism Definition & Meaning - Merriam-Webster

   www.merriam-webster.com/dictionary/capitalism

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   What is capitalism and socialism?

   • Although some form of capitalism is the basis for nearly all economies today, for much of the past century it was but one of two major approaches to economic organization. In the other, socialism, the state owns the means of production, and state-owned enterprises seek to maximize social good rather than profits.

   What Is Capitalism? - IMF

   www.imf.org/en/Publications/fandd/issues/Series/Back-to-Basics/Capitalism

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   What is a capitalist society?

   • In a capitalist society, there is competition between those who have private ownership. Each seeks to maximize its profits relative to its competitors. A way in which this can be done is through technological innovation.

   What is Capitalism? Simple Definition - Simply Psychology

   www.simplypsychology.org/capitalism.html

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   How does capitalism work?

   • 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.

   What Is Capitalism? - Back to Basics - Finance & Development ... - IMF

   www.imf.org/external/pubs/ft/fandd/2015/06/basics.htm

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   What is pure capitalism?

   • Pure capitalism is defined as a system wherein all of the means of production (physical capital) are privately owned and run by the capitalist class for a profit, while most other people are workers who work for a salary or wage (and who do not own the capital or the product). ^ Rosser, Mariana V.; Rosser, J Barkley (23 July 2003).

   Capitalism - Wikipedia

   en.wikipedia.org/wiki/Capitalism

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   What is Economic Planning under capitalism?

   • Capitalism is one type of system of economic production and resource distribution. Instead of planning economic decisions through centralized political methods, as with socialism or feudalism, economic planning under capitalism occurs via decentralized, competitive, and voluntary decisions.

   What Is Capitalism: Varieties, History, Pros & Cons, Socialism

   www.investopedia.com/terms/c/capitalism.asp

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8. www.merriam-webster.com › dictionary › capitalismCapitalism Definition & Meaning - Merriam-Webster

   www.merriam-webster.com › dictionary › 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.

9. www.simplypsychology.org › capitalismWhat is Capitalism? Simple Definition - Simply Psychology

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   Feb 27, 2024 · Capitalism is an economic system where people or companies own businesses and compete to make money. Capitalism is an economic system where private individuals and businesses own the means of production, such as factories, capital, and resources. A major emphasis is on the rights of private property owners. In capitalism, owners can use their ...

10. www.imf.org › external › pubsWhat Is Capitalism? - Back to Basics - Finance & Development ...

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    Capitalism is an economic system based on private property, self-interest, competition, and market mechanism. Learn about the pillars, types, and critiques of capitalism, and how it relates to government intervention and economic growth.