Capitalism - Wikipedia
Capitalism is based on the accumulation of capital, whereby financial capital is invested in order to make a profit and then reinvested into further production in a continuous process of accumulation. In Marxian economic theory, this dynamic is called the law of value.
Capitalism | Definition, Characteristics, History, & Criticism
Nov 6, 2024 · Capitalism, economic system, dominant in the Western world since the breakup of feudalism, in which most means of production are privately held and production, prices, and incomes are determined by markets. Learn more about the …
What Is Capitalism: Varieties, History, Pros & Cons, Socialism
May 8, 2024 · Understanding Capitalism. Capitalism is one type of system of economic production and resource distribution. Instead of planning economic decisions through centralized political …
Capitalism Definition & Meaning - Merriam-Webster
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. How to use capitalism in a sentence.
What Is Capitalism? - IMF
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 essential feature of capitalism is the motive to make a profit.
Back to Basics - Finance & Development, June 2015 - IMF
Capitalism is founded on the following pillars: private property, which allows people to own tangible assets such as land and houses and intangible assets such as stocks and bonds; self-interest, through which people act in pursuit of their own …
CAPITALISM | definition in the Cambridge English Dictionary
Oct 30, 2017 · the economic, political, and social system that is based on property, business, and industry being privately owned, and is directed towards making the greatest possible profits for …
CAPITALISM | English meaning - Cambridge Dictionary
the economic, political, and social system that is based on property, business, and industry being privately owned, and is directed towards making the greatest possible profits for private people …
The 6 Types of Capitalism (With Examples) - Helpful Professor
Jun 19, 2024 · There are six types of capitalism: oligarchic capitalism, state-guided capitalism, corporate capitalism, entrepreneurial capitalism, laissez-faire capitalism, and welfare capitalism. Capitalism describes any economic system that is based around the private ownership of capital.
Capitalism - Oxford Reference
An economic system in which the factors of production are privately owned and individual owners of capital are free to make use of it as they see fit; in particular, for their own profit.