English Lexicon

Capitalism

/ˈkæpɪtəlɪzəm/
nounCEFR B2 (Upper)Top #800 frequency
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Comprehensive Definitions & Senses

1 sense
As noun
  1. 1

    An economic and political system in which a country's trade and industry are controlled by private owners for profit, rather than by the state.

    "Critics of capitalism argue that it widens the wealth gap between the rich and the poor."

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Linguistic Origin & Historical Etymology

The term 'capitalism' originated in the early 19th century from the French word 'capitalisme', which itself derives from 'capital', meaning wealth or property. The concept evolved through discussions of economic systems where private ownership and free markets dominate.

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