Capitalism
Definition 1 of 3
Pro Tip 1/3
Economic Focus
Focuses on how businesses and trade operate in societies valuing private ownership. Many entrepreneurs thrive under capitalism due to the economic freedom it offers.
Pro Tip 2/3
Private Property
Emphasizes individual rights to own property and use it for profit. Capitalism supports buying land privately, rather than it being owned by the government.
Pro Tip 3/3
Competition Driven
Highlights the competitive nature of markets, driving innovation and choices. Thanks to capitalism, multiple companies compete to offer the best version of a product.