Capitalistic
(adjective)
- Relating to or characterized by capitalism, an economic and political system based on private ownership of the means of production.
- Relating to or characterized by the accumulation and investment of capital for the purpose of producing profit.
Origin:
Late 19th century, from the word 'capitalism' meaning an economic and political system based on private ownership of the means of production.
Examples:
- The capitalistic system has been the dominant economic system in the world for many decades.
- The capitalistic mindset is focused on maximizing profits and wealth accumulation.
- The capitalistic approach to business often leads to competition and innovation.
- The capitalistic country was characterized by a high level of economic growth and prosperity.
- The capitalistic ideology is based on the belief that free markets and private enterprise are the best way to achieve prosperity and growth.