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capitalistic
01
characterized by an economic system where private ownership of businesses and resources drives production and distribution with a focus on profit
Example
Capitalistic principles encourage competition and efficiency in business.
The country 's economy is largely capitalistic, with a strong emphasis on free markets.
Entrepreneurs thrive in a capitalistic society where innovation is rewarded.
02
of or relating to capitalism or capitalists
Example
Capitalistic principles encourage competition and efficiency in business.
The country's economy is largely capitalistic, with a strong emphasis on free markets.
Entrepreneurs thrive in a capitalistic society where innovation is rewarded.
Many countries have elements of both socialism and capitalistic practices in their economies.
Critics argue that a purely capitalistic system can lead to income inequality.
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