noun

Capitalism is a system that describes how people in a society buy and sell things. Imagine you have a toy that you don't want anymore, and your friend has some money they want to spend. In a capitalist society, your friend can buy your toy from you if you both agree on a fair price.

In a capitalist system, people are free to start businesses and make money by selling things or offering services to others. This means that if someone has a good idea for a product or service, they can start a business and try to make money from it.

Example

1. Capitalism encourages competition among businesses to create better products and services for consumers.
2. In a capitalist society, individuals are free to start their own businesses and make money from their ideas.
3. Some people argue that capitalism can lead to income inequality, as those with more resources may have more opportunities to succeed.