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- Dictionarycap·i·tal·ism/ˈkapədlˌizəm/
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 system characterized by private ownership of the means of production, with labor solely paid wages. Capitalism depends on the enforcement of...
Capitalism is based on the accumulation of capital, whereby financial capital is invested in order to make a profit and then reinvested into further production in a continuous process of accumulation. In Marxian economic theory, this dynamic is called the law of value.
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.
an economic and political system in which property, business, and industry are controlled by private owners rather than by the state, with the purpose of making a profit: The former communist embraced capitalism and started his own company. She wrote that capitalism was devastating the environment.
Capitalism is a widely adopted economic system in which there is private ownership of the means of production.
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. The essential feature of capitalism is the motive to make a profit.
a market mechanism that determines prices in a decentralized manner through interactions between buyers and sellers—prices, in return, allocate resources, which naturally seek the highest reward, not only for goods and services but for wages as well;
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 and political system in which property, business, and industry are controlled by private owners rather than by the state, with the purpose of making a profit: The former communist embraced capitalism and started his own company. She wrote that capitalism was devastating the environment.
CAPITALISM meaning: a way of organizing an economy so that the things that are used to make and transport products (such as land, oil, factories, ships, etc.) are owned by individual people and companies rather than by the government.
