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Definitions from the WebTerm: State CapitalismDescription:State capitalism refers to an economic system in which the state, or government, plays a significant role in the control and management of the country's industries and businesses. In this system, the government may own or control major enterprises, regulate markets, and influence economic decisions. Sense 1: Economic SystemNoun: State capitalism is an economic system characterized by government ownership or control of businesses and industries. Example Sentence: In a state capitalist system, the government controls key industries such as energy, telecommunications, and transportation. Related Products:Sense 2: Local ConceptNoun: State capitalism can also refer to a local concept where certain industries or businesses are directly controlled or influenced by the state. Example Sentence: In some countries, state capitalism is evident in the government's direct ownership of banks and large corporations. Related Products: | ||||
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