Categorized In: Language & Lookup , Definitions
Source: capitalism definition | Dictionary.com | dictionary.reference.com
Description: 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 wea
Nov 12, 10:43pm
Capitalism is an economic system in which property is privately owned and goods are privately produced. It is free enterprise.
