Simple Definition of capitalism

from our Learner's Dictionary

capitalism

noun

: a way of organizing an economy so that the things that are used to make and transport products (such as land, oil, factories, ships, etc.) are owned by individual people and companies rather than by the government

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“Capitalism.” Merriam-Webster.com Simple Definition, Merriam-Webster, https://www.merriam-webster.com/simple/capitalism. Accessed 25 Jul. 2026.

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