CAPITALISTS Meaning and
Definition
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Capitalists are individuals or entities who participate in a socio-economic system characterized by the private ownership and control of capital and means of production. A capitalist, also referred to as a financier, is primarily concerned with accumulating and investing financial resources in profitable ventures to generate wealth.
In this system, capitalists employ laborers to produce goods or services, aiming to generate profits through the sale of these commodities. They typically invest their capital in businesses, either by establishing their enterprises or providing financial support to existing organizations. Capitalists are driven by the pursuit of profit and often seek opportunities for expansion and growth, frequently reinvesting their earnings to increase their capital.
Central to capitalism is the belief in free-market principles, where the interaction between supply and demand determines the allocation of resources and sets prices. Capitalists thrive in such an environment, as they appreciate the individual freedom to engage in voluntary economic exchanges without excessive government intervention. This economic model promotes competition, innovation, and specialization, as capitalists strive to gain a competitive advantage and increase their wealth.
Capitalism has been associated with significant economic growth and technological advancement, often resulting in societal development. However, critics argue that capitalists' pursuit of profit can exacerbate income inequality and generate exploitative labor practices, with the accumulation of wealth sometimes leading to concentration and centralization of power. Nonetheless, the role of capitalists and their propensity to invest in commercial ventures remain key elements in the capitalist system's functioning.
Top Common Misspellings for CAPITALISTS *
* The statistics data for these misspellings percentages are collected from over 15,411,110 spell check sessions on www.spellchecker.net from Jan 2010 - Jun 2012.
Other Common Misspellings for CAPITALISTS
Etymology of CAPITALISTS
The word "capitalists" derives from the term "capitalism". The term capitalism originated from the Latin word "capitalis", which means "of the head" or "head" in English. However, the modern definition of the word capitalism relates to the economic system where private individuals or businesses own and control the means of production and the production of goods and services is primarily driven by the pursuit of profit. Thus, the term "capitalists" refers to individuals who own capital, such as money, property, or resources, and utilize them in the pursuit of profit within a capitalist economic system.
Similar spelling words for CAPITALISTS
- capital loss,
- capitalize,
- capital stock,
- capital cost,
- capitalistic,
- capitalizes,
- capital gain,
- capitalisation,
- capitalise,
- capitalization,
- capital ship,
- capitular,
- capital letter,
- capitualtion,
- capital levy,
- capitalist,
- capitulation,
- capitalism.
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