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oxford dictionaries

cap¦it¦al|ism

Noun [MASS NOUN]

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:

               an era of free-market capitalism

               private ownership is a key feature of capitalism

 

[SYNONYMS] private enterprise, free enterprise, private ownership, privatized industries, the free market, individualism

[ANTONYMS] communism

 

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