Level 4 · word 4,121 of 20,000

capitalism

/ˈkæpətəˌlɪzəm/ American
Picture: capitalism
  • n. 资本主义
Definition
  • n. an economic system based on private ownership and profit
Example
Capitalism encourages competition between different private companies.
资本主义鼓励不同私营企业之间的竞争。