Brazil is the largest coffee producer in the world. Each year Brazil exports more than 44 million bags of coffee. Vietnam follows at exporting over 27 million bags each year.
CAPITALISM
capitalism, capitalist economy
(noun) an economic system based on private ownership of capital
Source: WordNet® 3.1
Etymology
Noun
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.
Synonyms
• free enterprise
Source: Wiktionary
Recent Word Finds
Word of the Day
27 January 2025
FISSILE
(adjective) capable of being split or cleft or divided in the direction of the grain; “fissile crystals”; “fissile wood”
Coffee Trivia
