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capitalism

noun
ˈkæp.ɪ.təl.ɪ.zəm

Meaning

An economic system where trade, industry and production are privately owned and operated for profit.
An economic system based on private ownership and free market competition.

Example Sentences

Capitalism encourages innovation and competition.

Capitalism promotes competition and private ownership.

Synonyms

Free Enterprise, Market System, Private Ownership, Free Market, Private Enterprise, Laissez-faire
Entry 1
Free Enterprise, Market System, Private Ownership
Entry 2
Free Market, Private Enterprise, Laissez-faire

Antonyms

Socialism, Communism, Collectivism
Entry 1
Socialism, Communism, Collectivism
Entry 2
Socialism, Communism, Collectivism

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