ELI5: Explain Like I'm 5

capitalism

Capitalism is an economic system where people can buy and sell things to make money. In a capitalist system, businesses and people who own things like land, factories or businesses are in charge, and are allowed to make money from them. People also have the freedom to choose what products or services they want to buy and sell. In capitalism, money is the main way that people exchange goods and services. People use the money they make to buy things they need or want.