CEFR C1

capitalism

noun

Meaning

An economic and political system in which a country's trade and industry are controlled by private owners for profit, rather than by the government.

Examples

The collapse of communism led to the widespread adoption of capitalism in Eastern Europe.
Critics argue that unchecked capitalism can lead to extreme wealth inequality.

Synonyms: free enterprise, market economy, laissez-faire

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capitalism (C1)

noun

Pronunciation: /ˈkæpɪtəlɪzəm/

Definition

An economic and political system in which a country's trade and industry are controlled by private owners for profit, rather than by the government.

Examples

The collapse of communism led to the widespread adoption of capitalism in Eastern Europe.
Critics argue that unchecked capitalism can lead to extreme wealth inequality.
The debate continues about the best way to regulate capitalism to ensure fairness and stability.

Synonyms of capitalism

Words with a similar meaning to capitalism:

Antonyms of capitalism

Words with the opposite meaning to capitalism:

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