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cap·i·tal·ism
Audio Help [kap-i-tl-iz-uh
m] Pronunciation Key
Audio Help [kap-i-tl-iz-uh
m] Pronunciation Key –noun
| an 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. |
| Dictionary.com Unabridged (v 1.1) Based on the Random House Unabridged Dictionary, © Random House, Inc. 2006. |
Capitalism
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| © 2008 Encyclopædia Britannica, Inc. |
| cap·i·tal·ism
Audio Help (kāp'ĭ-tl-ĭz'əm) Pronunciation Key
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. |
| The American Heritage® Dictionary of the English Language, Fourth Edition Copyright © 2006 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. |
| capitalism | |
noun | |
| an economic system based on private ownership of capital [ant: socialism] |
| WordNet® 3.0, © 2006 by Princeton University. |
ˈcapitalism noun
a system of economics in which money and business are controlled by capitalists
See also: capital, capitalist
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| Kernerman English Multilingual Dictionary, © 2000-2006 K Dictionaries Ltd. |
capitalism
An economic and political system characterized by a free market for goods and services and private control of production and consumption. (Compare socialism and communism.)
[Chapter:] World Politics
| The American Heritage® New Dictionary of Cultural Literacy, Third Edition Copyright © 2005 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. |
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