capitalism
C1UK /ˈkæpɪtəlɪzəm/US /ˈkæpɪtəlɪzəm/
Meaning
noun
an economic system in which a country’s businesses and industry are controlled and run for profit by private owners rather than by the government
“the growth of industrial capitalism in the West”
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the growth of industrial capitalism in the West
capitalism·
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