Meaning & use

capitalism

noun·Academic

An economic system based on private ownership and the pursuit of profit through free markets.

See it in a sentence

Under capitalism, businesses compete to offer better products at lower prices.

The professor's lecture compared capitalism with socialism using historical examples.

A note on using this word

"Capitalism" is a broad economic and political term, and its exact meaning varies across countries and economic systems.

Words with a similar meaning

free enterprisefree market

Choose a synonym to suit the sentence. Meanings can overlap without being identical.

Words with an opposite meaning

Make it your own

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