1. world issues
One of the basics of the market is that individuals must be free to follow their interests. ... If the market system is left unregulated it may distribute the total product among the members of the society in an unsatisfactory manner, the government should be involved to achieve just distributions of income among individuals in the society. 4b) Capitalism - economic system based on competition between businesses Communism - socialistic ideal that aspires to economic equality and equal distribution of property. ... For example, the larger the population, the greater the demand for homes; ...
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