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      • 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 property rights, which provide incentives for investment in and productive use of capital.
      www.investopedia.com/terms/c/capitalism.asp

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

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

    Nov 6, 2024 · capitalism, economic system, dominant in the Western world since the breakup of feudalism, in which most means of production are privately owned and production is guided and income distributed largely through the operation of markets.

  3. www.investopedia.com › ask › answersWhat Are the Most Important Aspects of a Capitalist System?

    Nov 13, 2024 · Private property rights are an important foundation of capitalist production. These rights clearly separate the ownership of the means of production from the workers who use them.

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

    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 property...

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  6. www.britannica.com › question › What-is-capitalismWhat is capitalism? | Britannica

    Capitalism is a widely adopted economic system in which there is private ownership of the means of production.

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

    Feb 27, 2024 · 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 private property to make a profit.

  8. en.wikipedia.org › wiki › Means_of_productionMeans of production - Wikipedia

    Capitalism is defined as private ownership and control over the means of production, where the surplus product becomes a source of unearned income for its owners. Under this system, profit-seeking individuals or organizations undertake a majority of economic activities.

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  10. www.investopedia.com › articles › investingMain Characteristics of Capitalist Economies - Investopedia

    Nov 13, 2024 · With private property, owners of capital, or the means of production, are free to employ their capital in the marketplace as they see fit, with their own interests at the fore.