Industrialists
Definition
Industrialists are wealthy individuals who own large factories or industries involved in manufacturing goods on a large scale. They often accumulate wealth through their business ventures.
Related terms
Capitalism: An economic system where private individuals or corporations own businesses with the goal of making profit.
Bourgeoisie: The capitalist class that owns most of society's wealth and means of production.
Entrepreneurship: The activity of setting up new businesses or taking risks in order to make profits.
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