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capitalism |
Also found in: Financial, Encyclopedia, Wikipedia, Hutchinson | 0.06 sec. |
capitalism Noun an economic system based on the private ownership of industry capitalism a system of economics under which ownership of and investment in the means of production and distribution depends chiefly upon corporations and private individuals. — capitalist, n. — capitalistic, adj. See also: Economicsa theory or system in which property and investment in busines; are owned and controlled by individuals directly or through ownership of shares in companies. Cf. communism. — capitalist, n., adj. — capitalistic, adj. See also: Politics
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capitalism noun private enterprise, free enterprise, private ownership, laissez faire or laisser faire Translations |
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Nevertheless, CPAs have a central role in assuring the integrity of the free-enterprise system. It is our responsibility to teach children about our free-enterprise system and stress to them that our way of life cannot be taken for granted -- it must be strengthened and molded constantly to meet the needs of an ever-changing world. For example, the system is not in tune with the forces of the free-enterprise system. |
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