Meaning & Definition of word "Capitalistic"

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    Capitalistic

    /ˌkæpɪtəˈlɪstɪk/

    adjective:

    • 1. Relating to or characterized by capitalism, an economic system in which private individuals or businesses own capital goods and are responsible for production, distribution, and profit.
      • Example: The capitalistic economy of the United States promotes innovation and consumer choice.
    • 2. Emphasizing the importance of capital and investment as opposed to state control or socialism.
      • Example: Many capitalistic societies value entrepreneurship and market competition.
    • 3. Favoring or supportive of capitalist policies and systems.
      • Example: His capitalistic views led him to advocate for reduced government intervention in business.

    Etymology

    From 'capitalism' + '-istic', originally referring to a system of economy based on public trade for profit.

    Common Phrases and Expressions

    capitalistic society:

    A society in which capitalist principles and practices are dominant.

    capitalistic economy:

    An economy that operates on the basis of private property and market forces.

    Related Words

    capitalism:

    An economic system characterized by private ownership of the means of production.

    capitalist:

    A person who supports or engages in capitalism.

    Slang Meanings of capitalistic

    Meaning: Capitolist

    Example Sentence: He's such a capitolist, always thinking about profit.