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WordBand 6.5–8Academic (NAWL)

capitalism

/ˈkapɪt(ə)lɪz(ə)m/

An illustration for capitalism

noun

economic system based on private ownership of money

  • “Capitalism efficiently allocates resources according to our needs and wants.”Tatoeba
  • “Capitalism assumes that people are generally competitive, which they are not.”Tatoeba

Sentences from Tatoeba show real usage. A word can have several meanings, so a sentence may use another one.

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Source: New Academic Word List (Browne, Culligan & Phillips) (CC BY-SA 4.0); Wiktionary (CC BY-SA 3.0); Tatoeba (CC BY 2.0 FR)

capitalism: meaning, pronunciation and examples · Toofey