Ang kapitalismo ay isang sistemang pang-ekonomiya na batay sa pribadong pagmamay-ari ng mga paraan ng paggawa at ang kinaling operasyon para tumubo.[1][2][3][4] Kabilang sa mga katangian naka-sentro sa kapitalismo ang pribadong pagmamay-ari, pagkaipon ng kapital, pasahod sa paggawa, boluntaryong pagpapalitan, isang sistema ng presyo, at kompetatibong mga merkado.[5][6] Sa isang kapitalistang pampamilihang ekonomiya, ang paggawa ng pasya at pamumuhunan ay tinutukoy ng bawat may-ari ng yaman, ari-arian o kakayahan ng produksyon sa pananalapi at pamilihang kapital, samanatalang ang presyo at pamamahagi ng mga kalakal at serbisyo ay pangunahing tinutukoy ng kumpetisyon sa pamilihan ng kalakal at serbisyo.[7][8]
Pure capitalism is defined as a system wherein all of the means of production (physical capital) are privately owned and run by the capitalist class for a profit, while most other people are workers who work for a salary or wage (and who do not own the capital or the product).
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In capitalist economies, land and produced means of production (the capital stock) are owned by private individuals or groups of private individuals organized as firms.
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Capitalism is characterized by private ownership of the factors of production. Decision making is decentralized and rests with the owners of the factors of production. Their decision making is coordinated by the market, which provides the necessary information. Material incentives are used to motivate participants.
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