Google Definition Of Capitalism

Definition of capitalism noun in oxford advanced american dictionary. Capitalism refers to an economic system in which a society s means of production are held by private individuals or organizations not the government and where products prices and the distribution of goods are determined mainly by competition in a free market. 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.

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An economic system in which the means of production and distribution are privately or corporately owned and development occurs through the accumulation.

Google definition of capitalism. Capitalism synonyms capitalism pronunciation capitalism translation english dictionary definition of capitalism. Capitalism is an economic system whereby monetary goods are owned by individuals or companies. Meaning pronunciation picture example sentences grammar usage notes synonyms and more. An economic political and social system in which property business and industry are.

The purest form of capitalism is free market or laissez faire capitalism.