CAPITALISM

A system of economics with free enterprise and free market principles, profit-taking and corporate ownership.

CAPITALISM: "Capitalism is not like socialism where the state controls the economy."
Cite this page: N., Pam M.S., "CAPITALISM," in PsychologyDictionary.org, April 7, 2013, https://psychologydictionary.org/capitalism-2/ (accessed November 25, 2020).
SHARE