capitalism

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 /ˈkæpɪtəˌlɪzəm/



WordReference Random House Learner's Dictionary of American English © 2017
cap•i•tal•ism /ˈkæpɪtəlˌɪzəm/USA pronunciation   n. [uncountable]
  1. Economics, Business, Governmentan economic system in which investment in and ownership of the means of production and distribution are privately or corporately owned.

WordReference Random House Unabridged Dictionary of American English © 2017
cap•i•tal•ism  (kapi tl iz′əm),USA pronunciation n. 
  1. Economics, Business, Government, Philosophyan 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, esp. as contrasted to cooperatively or state-owned means of wealth.
  • capital1 + -ism 1850–55


Collins Concise English Dictionary © HarperCollins Publishers::

capitalism /ˈkæpɪtəˌlɪzəm/ n
  1. Also called: free enterprise, private enterprise an economic system based on the private ownership of the means of production, distribution, and exchange, characterized by the freedom of capitalists to operate or manage their property for profit in competitive conditions
    Compare socialism



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