World Of Taxonomy
D030861Level 4

Capitalism

**Definition:** A political and economic system characterized by individual rights, by private or corporate ownership of capital goods, and by prices, production, and the distribution of goods that are determined mainly by competition in a free market. (From Merriam-Webster's Collegiate Dictionary, 10th ed)

**Tree numbers:** - I01.261.100 - I01.696.100

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