Capitalism – An economical, political and social system in which property, business and industry are privately owned, directed towards making the greatest possible profits
To remember the definition of the word capitalism, use the following mnemonic:
Fill the capital with prisms (capitalism) – that was the architect's plan, and she thought she could make lots of profit out of the idea.
Examples of capitalism in a sentence
They protested against the evils of capitalism.
Capitalism helped the people in power, but the lesser fortunate were left in bad conditions.
Hopes that capitalism would die out were strong, but there was no sight of it happening any time soon.