WordNet-Online
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Definitions from the WebTerm: CapitalismDefinition: Capitalism refers to an economic system where private individuals or corporations control the means of production and trade for profit, with minimal government intervention. Sense 1: Noun - An economic system characterized by private ownership of resources, market competition, and the pursuit of profit. Example sentence: In capitalism, businesses operate independently with the goal of maximizing profits for their owners. Sense 2: Noun - The social and cultural system that arises from or supports capitalism, often characterized by individualism and a free market. Example sentence: Capitalism encourages the accumulation of wealth and promotes consumerism. Sense 3: Noun - The capital resources such as money, machinery, and infrastructure used in production within a capitalist system. Example sentence: Investing in new technology and upgrading machinery is essential to stay competitive in capitalism. Sense 4: Adjective - Relating to or characteristic of capitalism. Example sentence: The capitalist society values individual enterprise and free trade. Related products on Amazon: | ||||
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