capitalism

noun

Stress: first syllable

Syllables: cap-i-tal-ism (4)

English Definition

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

Example Sentence

Capitalism encourages free market competition.

US IPA /ˈkæpɪtəlɪzəm/
UK IPA /ˈkæpɪtəlɪzəm/