capitalist economy
A capitalist economy is a system in which private individuals and businesses own and operate the means of production, with the goal of generating profits.
Meaning
A capitalist economy is a system in which private individuals and businesses own and operate the means of production, with the goal of generating profits.
Example Sentences
- “The capitalist economy is characterized by the free market and the law of supply and demand.”
- “Critics of the capitalist economy argue that it can lead to exploitation and inequality.”
Quick Answers
What does “capitalist economy” mean?
A capitalist economy is a system in which private individuals and businesses own and operate the means of production, with the goal of generating profits.
How do you use “capitalist economy” in a sentence?
“The capitalist economy is characterized by the free market and the law of supply and demand.”
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