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VORADictionaryB2Capitalism
CEFR B2 — Upper-Intermediate

Capitalism

Definition

An economic system in which private individuals and businesses own and operate the means of production, such as factories and land, with the goal of making a profit.

Example Sentences

1Many countries have adopted capitalism as their primary economic system.
2Is capitalism the most effective way to stimulate economic growth and innovation?
3Critics argue that capitalism can lead to significant income inequality and social injustice.
4The company's decision to downsize was a result of the challenges posed by capitalism in the modern market.
5Some economists believe that a mix of capitalism and government regulation is necessary to achieve a balanced economy.

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