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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
@urbanopedias
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