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Capitalist economy   /kˈæpətəlɪst ɪkˈɑnəmi/   Listen
Capitalist economy

noun
1.
An economic system based on private ownership of capital.  Synonym: capitalism.  Antonym: socialism.





WordNet 3.0 © 2010 Princeton University


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"Capitalist economy" Quotes from Famous Books



... Western-style capitalist economy, with a per capita GDP comparable to levels in industrialized West European countries. Rich in natural resources, Australia is a major exporter of agricultural products, minerals, metals, and fossil fuels. Of the top 25 exports, 21 are primary products, so that, as happened during ...
— The 1993 CIA World Factbook • United States. Central Intelligence Agency.


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