capitalism — an economic system based on private ownership of property and means of production, operated for profit
Part of speech: NOUN
Definition: an economic system based on private ownership of property and means of production, operated for profit
Pronunciation (IPA): /ˈkæpɪtəlɪzəm/
Korean meaning: 사유재산과 생산수단의 개인 소유에 기반한 경제 체제
Korean pronunciation: 캐-피-털-리-즘 (강세: 캐)
Example Sentences
- My piggy bank practices capitalism - it only accepts deposits, never gives loans!
- The rise of capitalism transformed traditional agricultural societies into industrial nations.
- Under capitalism, competition drives innovation and economic growth.
capitalism
NOUN//ˈkæpɪtəlɪzəm//
an economic system based on private ownership of property and means of production, operated for profit
Private ownership for profit system
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Journalism critiques capitalism, yet falls to materialism
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Start for Free🎤Pronunciation
🌳Etymology
Origin
From French 'capitalisme', derived from Latin 'capitalis' meaning 'of the head' or 'principal', combined with the suffix '-ism' denoting a system or ideology. The term emerged in the 19th century to describe economic systems centered on capital and private ownership.
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“My piggy bank practices capitalism - it only accepts deposits, never gives loans!”
“The rise of capitalism transformed traditional agricultural societies into industrial nations.”
“Under capitalism, competition drives innovation and economic growth.”
“Some argue that pure capitalism needs regulation to prevent market failures.”
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