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rachmasaíocht — meaning in English

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English meaning

  • capitalism noun An economic system in which businesses and resources are privately owned and run for profit, with prices largely set by supply and demand rather than the state.

Senses

rachmasaíocht is used for these senses in English:

  • capitalism (politics, economic liberalism) A socio-economic system based on private property rights, including the private ownership of resources or capital, with economic decisions made largely through the operation of a market unregulated by the state.

Related Irish words