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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,...
- Daniel Liberto
- 2 min
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 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.
Capitalism is an economic system based on the private ownership of the means of production and their operation for profit.
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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.
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.
Aug 31, 2024 · Capitalism is an economic theory describing the private ownership of production and laws of supply and demand. Learn examples of how capitalism works.