capitalism
🇺🇸
/ˈkæpɪtəlɪzəm/
🇬🇧
/ˈkæpɪtəlɪzəm/
noun
C1
An economic system where private owners run businesses for profit, not the government.
In capitalism, companies compete to make money by selling goods and services.
translation
An economic system where private owners run businesses for profit, not the government.
Word Forms
Plural
capitalisms