Family Business
A family business that puts capital such as money, equipment, buildings and land to work to create value. For example, a farmer who puts land and equipment to work to create food. A farmer may also employ others.Small Business
Individuals who put their own money into a business to generate value from capital and employ people. For example, a restaurant owner.Freelancers
Small businesses that don't have much capital such that they mostly offer their labor.Entrepreneurs
Individuals who create new industries, business models, products, services or ways of doing things. This can be a self-funded small business or a startup that receives funding from venture capitalists.Venture Capitalists
Investors that fund entrepreneurial ventures known as startups.Creditors
Institutions such as banks and individuals that lend money to businesses without taking any ownership interest in the business.Investors
Individuals who put their money to work in businesses that they may or may not control, direct or influence.Owners
Individuals who own a large portion of a business such that they have accountability for it.Board of Directors
The individuals who are accountable for a large business.Executive Management
The individuals who are responsible for a large business.Captains of Industry
Individuals who are very wealthy and active in an industry such that they have a large impact on society.Monopolist
An individual who owns or controls a monopoly that has little or no real competition for their major products and services.Crony Capitalist
A capitalist who influences a government in a way that benefits them personally. Politicians and government employees who engage in this can also be referred to as crony capitalists.Good Business
A business that honestly pursues three goals: people, planet and profits as opposed to profits alone. This can be imposed on capitalists with regulations or markets for economic bads.Notes
Almost all countries currently employ some version of capitalism with a handful of exceptions such as North Korea.Countries such as Sweden are often misportrayed as socialist when in fact they are social market economies, a type of capitalism.| Overview: Capitalist | ||
Type | ||
Definition | An individual who supports or practices capitalism where capitalism is an economy based on economic rights, freedoms and markets. | |
Related Concepts | ||
