Definition Of Word Capitalism
Capitalism is an economic system whereby monetary goods are owned by individuals or companies.
Definition of word capitalism. How to use capitalism in a sentence. 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. Capitalisms the private ownership of the means of production in capitalism is contrasted to cooperative or state ownership of the means of production such as in communism and socialism. Capitalism is an economic and political system in which property business and industry are owned by private individuals and not by the state.
American english ˈkæpədlˌɪzəm british english ˈkapᵻtəlɪzm usage notes. Private enterprise free enterprise private ownership laissez faire or laisser faire more synonyms of capitalism. The return of capitalism to hungary. Within a capitalist system production prices and the distribution of.
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. An economic political and social system in which property business and industry are. Condition of having capital from capital n 1 ism.