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Capitalism is an economic system. That is, it is a system for dealing with money and wealth. In a capitalist country, citizens, not governments, own and run companies. These companies compete with other companies for business. They decide which goods and services to provide.
Capitalism is an economic system where means of production is privately owned and operated for profit. [1][2] Property owned by individuals, not by the government is often called private property. In theory, under competition, in capitalist free market economies, prices move up or down according to the availability of products and how many ...
27 Φεβ 2024 · Capitalism is an economic system where private individuals and businesses own the means of production, such as factories, capital, and resources. A major emphasis is on the rights of private property owners. In capitalism, owners can use their private property to make a profit.
8 Μαΐ 2024 · Capitalism is an economic and political system where trade and industry are controlled by private owners for profit. Its core principles are accumulation, ownership,...
Capitalism is an economic system in which private individuals own and control most of the factors of production—the resources used to produce goods and services. Individuals also own and run most companies, which compete with other companies for business.
Capitalism is often thought of as an economic system in which private actors own and control property in accord with their interests, and demand and supply freely set prices in markets in a way that can serve the best interests of society.
The meaning of CAPITALISM is an economic system characterized by private or corporate ownership of capital goods, by investments that are determined by private decision, and by prices, production, and the distribution of goods that are determined mainly by competition in a free market.
