Capitalism.

What is it? This economic system is premised on private ownership, market-based decision making by large numbers of buyers and sellers, and reinvestment of profits into the firm. The term free-enterprise system is preferred today.

Added By: Sarah

Send To Friends!

If you'd like to send the Capitalism. definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -

We hope you now understand the meaning of Capitalism.. If you need any more information on this term, please don't hesitate to contact us.