Kids Definition capitalism noun cap·i·tal·ism ˈkap-ət-ᵊl-ˌiz-əm ˈkap-tᵊl- : an economic system in which resources and means of production are privately owned and prices, production, and the distribution of goods are determined mainly by competition in ...
Capitalism, economic system, dominant in the Western world since the breakup of feudalism, in which most means of production are privately held and production, prices, and incomes are determined by markets. Learn more about the history and development of
Definition: Capitalism is an economic system in which private individuals or businesses own the means of production, such as capital, private property, and private companies. This system tends to operate within a marketeconomy based on supply and demand. What the heck does that mean? You own yo...
Capitalism definition: 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, especially as contrasted to cooperative
The meaning of CRONY CAPITALISM is an economic system in which individuals and businesses with political connections and influence are favored (as through tax breaks, grants, and other forms of government assistance) in ways seen as suppressing open comp
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Define Laissez-faire capitalism. Laissez-faire capitalism synonyms, Laissez-faire capitalism pronunciation, Laissez-faire capitalism translation, English dictionary definition of Laissez-faire capitalism. also lais·ser faire n. 1. An economic doctrine t
As the Soviet Union fell, Russia embraced capitalism. But Russia's definition of a "free market" doesn't exactly align with other parts of the globe. Citation Information Article Title Russian Capitalism After Communism Author History.com Editors ...
Definition Chapters and Articles Related Terms Recommended Publications Chapters and Articles You might find these chapters and articles relevant to this topic. Capitalism and Division of Labor M. Brayshay, in International Encyclopedia of Human Geography, 2009 Industrial Capitalism and Its Geographies Indu...
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