capitalism, capitalist economy
(noun) an economic system based on private ownership of capital
Source: WordNet® 3.1
capitalism (countable and uncountable, plural capitalisms)
(politics) A socio-economic system based on private ownership of resources or capital.
(economics) An economic system based on private ownership of the means of production and their operation for profit.
(politics, economic liberalism) A socio-economic system based on private property rights, including the private ownership of resources or capital, with economic decisions made largely through the operation of a market unregulated by the state.
(economics, economic liberalism) An economic system based on the abstraction of resources into the form of privately owned capital, with economic decisions made largely through the operation of a market unregulated by the state.
• free enterprise
Source: Wiktionary
2 April 2025
(adjective) secret or hidden; not openly practiced or engaged in or shown or avowed; “covert actions by the CIA”; “covert funding for the rebels”
The first coffee-house in Mecca dates back to the 1510s. The beverage was in Turkey by the 1530s. It appeared in Europe circa 1515-1519 and was introduced to England by 1650. By 1675 the country had more than 3,000 coffee houses, and coffee had replaced beer as a breakfast drink.
