Capitalism (noun)

1. An economic and political system in which private individuals and businesses own and operate the means of production and distribution of goods, and in which investments and the creation of wealth are determined by private decision rather than by state control.
2. A social system based on the recognition of individual rights, including property rights, in which all property is privately owned.

Origin:

The word "capitalism" comes from the word "capital" which means the means of production, such as factories, land and technology, that are used to produce goods and services. the term was coined by karl marx in the mid-19th century to describe the economic system that emerged during the industrial revolution in europe.

Examples:

1. Capitalism is the dominant economic system in most of the Western world.
2. Critics argue that capitalism leads to wealth inequality.
3. The rise of capitalism in the 19th century brought about significant economic growth.
4. Capitalism encourages innovation and competition.
5. Critics of capitalism argue that it is not a fair system for the distribution of wealth and opportunities.