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Meaning of state capitalism | Babel Free

Noun CEFR B2

Definitions

The form of capitalism where for-profit commercial activities are undertaken by the state; either via corporatized government agencies, or via ownership or control of nominally private organizations.

countable, uncountable

Equivalents

CEFR level

B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.

See also

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