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Capitalism: meaning, definitions and examples

๐Ÿ’ฐ
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capitalism

 

[ หˆkapษชtlษชz(ษ™)m ]

Noun
Context #1 | Noun

economic system

Capitalism is an economic system in which private individuals or businesses own capital goods and control their use in the production of goods and services. It is characterized by private property rights, competitive markets, and wage labor.

Synonyms

capitalist system, free market economy.

Which Synonym Should You Choose?

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Word Description / Examples
capitalism

Used to describe an economic system where private individuals or businesses own and control trade and industry, rather than the state.

  • Capitalism encourages innovation and competition
  • The country's shift towards capitalism improved its economic status
free market economy

Used to describe an economic system where prices for goods and services are determined by open market competition, with little or no government control.

  • A free market economy can lead to more efficient resource distribution
  • They advocate for a free market economy to drive economic growth
capitalist system

Used when referring explicitly to the structure or mechanism of capitalism, often in discussions about economics or politics.

  • The capitalist system allows for private ownership of businesses
  • Critics argue that the capitalist system creates income inequality

Examples of usage

  • Many argue that capitalism promotes innovation and economic growth.
  • Critics of capitalism claim that it leads to income inequality and exploitation of workers.

Translations

Translations of the word "capitalism" in other languages:

๐Ÿ‡ต๐Ÿ‡น capitalismo

๐Ÿ‡ฎ๐Ÿ‡ณ เคชเฅ‚เค‚เคœเฅ€เคตเคพเคฆ (Pลซnjฤซvฤd)

๐Ÿ‡ฉ๐Ÿ‡ช Kapitalismus

๐Ÿ‡ฎ๐Ÿ‡ฉ kapitalisme

๐Ÿ‡บ๐Ÿ‡ฆ ะบะฐะฟั–ั‚ะฐะปั–ะทะผ

๐Ÿ‡ต๐Ÿ‡ฑ kapitalizm

๐Ÿ‡ฏ๐Ÿ‡ต ่ณ‡ๆœฌไธป็พฉ (Shihon shugi)

๐Ÿ‡ซ๐Ÿ‡ท capitalisme

๐Ÿ‡ช๐Ÿ‡ธ capitalismo

๐Ÿ‡น๐Ÿ‡ท kapitalizm

๐Ÿ‡ฐ๐Ÿ‡ท ์ž๋ณธ์ฃผ์˜ (Jabonjuui)

๐Ÿ‡ธ๐Ÿ‡ฆ ุงู„ุฑุฃุณู…ุงู„ูŠุฉ (al-ra'samaliyya)

๐Ÿ‡จ๐Ÿ‡ฟ kapitalismus

๐Ÿ‡ธ๐Ÿ‡ฐ kapitalizmus

๐Ÿ‡จ๐Ÿ‡ณ ่ต„ๆœฌไธปไน‰ (Zฤซbฤ›n zhว”yรฌ)

๐Ÿ‡ธ๐Ÿ‡ฎ kapitalizem

๐Ÿ‡ฎ๐Ÿ‡ธ kapรญtalismi

๐Ÿ‡ฐ๐Ÿ‡ฟ ะบะฐะฟะธั‚ะฐะปะธะทะผ

๐Ÿ‡ฌ๐Ÿ‡ช แƒ™แƒแƒžแƒ˜แƒขแƒแƒšแƒ˜แƒ–แƒ›แƒ˜ (kap'italizmi)

๐Ÿ‡ฆ๐Ÿ‡ฟ kapitalizm

๐Ÿ‡ฒ๐Ÿ‡ฝ capitalismo

Etymology

The term capitalism originated in the mid-19th century from the word capital, which refers to wealth or assets used to create more wealth. The concept of capitalism as an economic system gained prominence during the Industrial Revolution in Europe and North America. It has since become the dominant economic system in many parts of the world, although it remains a topic of debate and criticism.

See also: capitalist, capitalistic, capitalization, capitalized, capitalizing, undercapitalization.

Word Frequency Rank

At #6,118 in frequency, this word belongs to advanced vocabulary. It's less common than core vocabulary but important for sophisticated expression.