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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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May 8, 2024 · Capitalism is an economic and political system where trade and industry are controlled by private owners for profit. Its core principles are accumulation, ownership,...
Nov 6, 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.
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.
Capitalism is an economic system based on the private ownership of the means of production and their operation for profit.
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.