Create an account
the system of production and distribution and consumption of goods and services
how money is made and spent
an economic system where basic and non-basic buisness are privately owned; every person for themselves
an economic system where the government owns the basic industries (education, health care, transportation) for the good of society and non-basic industries are privately owned
an economic system where the government owns and controls all property for the benefit of all
citizens elect representatives to run the country's affairs
power is shared; laws can be changed
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