Definition Of Capitalism In Own Words

An economic political and social system in which property business and industry are.

Definition of capitalism in own words. Capitalism definition 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. The owners of capital goods natural resources and entrepreneurship exercise control through companies. Capitalism is an economic system in which private individuals or businesses own capital goods. An economic political and social system in which property business and industry are.

Definition of capitalism a monetary arrangement in which goods and services are owned by groups or individuals not associated with the government examples of capitalism in a sentence under the system of capitalism goods and services are created and distributed by private enterprises. Capitalism is a political social and economic system that is based on the idea that individuals can own private property and operate for a profit. Capitalism definition 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.