What is the Definition of Capitalism?

What is the Definition of Capitalism?

a social and economic system relying on market mechanisms to allocate factors of production which are privately rather than state owned.

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Label: Geography
Theme: Dictionary of Geography Terms

Other Questions: What is the definition of Biomass?

What is the Definition of Capitalism in Geographic Terms?

You can find other random definition and meaning of geographic terms below:


What is the meaning of Radiation Fog

A type of fog that is also called ground fog. Radiation fog is generated by near surface cooling by radiation loss during the evening hours. For the fog to develop, the overnight cooling must cause saturation occur. This type of fog is normally quite shallow.


What is the meaning of Regosol Soil

Soil order (type) of the Canadian System of Soil Classification. This type is any young underdeveloped soil that lacks identifying soil horizons.


What is the meaning of Resource

Anything obtained from the environment to meet the needs of a species.


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