cap·i·tal·ism (k p  -tl-z  m)n. An economic system in which the means of production and distribution are privately or corporately owned and development is proportionate to the accumulation and reinvestment of profits gained in a free market. |
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
ThesaurusLegend: Synonyms Related Words Antonyms
| Noun | 1. |  capitalism - an economic system based on private ownership of capitalventure capitalism - capitalism that invests in innovative enterprises (especially high technology) where the potential profits are large free enterprise, laissez-faire economy, market economy, private enterprise - an economy that relies chiefly on market forces to allocate goods and resources and to determine prices socialist economy, socialism - an economic system based on state ownership of capital |
capitalism
noun private enterprise, free enterprise, private ownership, laissez faire or laisser faire
Translations
How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content.
| ?Page tools | ||
|---|---|---|
|