Capitalistic for Dummies
adjective
pronunciation: ,kæpɪ'təlɪstɪkWhat does Capitalistic really mean?
Alright, so "capitalistic" is a word that describes a particular economic system. Think of an economic system like a big game with rules that everyone has to follow. In a capitalistic system, the main goal is to make money and build wealth.
Let me break it down a bit more. In a capitalistic system, people and businesses can own things like land, factories, and machines that they can use to make products or offer services. They can also make decisions about what to produce, how much to produce, and at what price to sell it. This means that they have a lot of freedom to make choices about their businesses and money.
In a capitalistic system, competition is a big deal. It's kind of like a race where every business is trying to be the best and make the most money. This competition is supposed to encourage businesses to come up with new and better products, and to keep prices lower for customers. It's like a big game of trying to offer the best stuff at the lowest cost.
Now, there are some other things that come with a capitalistic system. For example, there's usually a lot of emphasis on individual rights and the idea that people should be able to keep the profits they earn. There's also a focus on the idea that people should be able to go as far as their hard work and talents will take them.
So, in a nutshell, when you hear the word "capitalistic," it's talking about an economic system where businesses and individuals have a lot of freedom to make choices and decisions about making money and creating wealth. It's like a big game of competition and making the best products or services to try and make the most money. It also means a focus on individual rights and keeping the profits you earn.
I hope that makes sense! Let me know if you have any more questions.
Let me break it down a bit more. In a capitalistic system, people and businesses can own things like land, factories, and machines that they can use to make products or offer services. They can also make decisions about what to produce, how much to produce, and at what price to sell it. This means that they have a lot of freedom to make choices about their businesses and money.
In a capitalistic system, competition is a big deal. It's kind of like a race where every business is trying to be the best and make the most money. This competition is supposed to encourage businesses to come up with new and better products, and to keep prices lower for customers. It's like a big game of trying to offer the best stuff at the lowest cost.
Now, there are some other things that come with a capitalistic system. For example, there's usually a lot of emphasis on individual rights and the idea that people should be able to keep the profits they earn. There's also a focus on the idea that people should be able to go as far as their hard work and talents will take them.
So, in a nutshell, when you hear the word "capitalistic," it's talking about an economic system where businesses and individuals have a lot of freedom to make choices and decisions about making money and creating wealth. It's like a big game of competition and making the best products or services to try and make the most money. It also means a focus on individual rights and keeping the profits you earn.
I hope that makes sense! Let me know if you have any more questions.
Revised and Fact checked by Linda Miller on 2023-11-13 21:58:56
Capitalistic In a sentece
Learn how to use Capitalistic inside a sentece
- Many large corporations are part of the capitalistic economy, where they compete for profit and resources.
- In a capitalistic society, individuals are free to start their own businesses and set their own prices for goods and services.
- The capitalistic system values the concept of private ownership and encourages individuals to accumulate wealth through their own efforts.
- In a capitalistic economy, the government's role is limited, and businesses operate based on supply and demand in the market.
- In a capitalistic society, individuals have the freedom to choose their careers and pursue their own financial goals.
Capitalistic Synonyms
Words that can be interchanged for the original word in the same context.
Capitalistic Antonyms
Words that have the opposite context of the original word.
Capitalistic Similar Words
Words that similar to the original word, but are not synonyms.
Capitalistic Pertains To
Words to which the original word is relevant