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Which economic system is defined by a free market and private ownership?

Asocialism
Bcommunism

C.capitalism

D.mercantilism

Verified Answer :

This is capitalism: the usual definitions of capitalism that I read actually always include the phrases"free market" and "private ownership". (however, in practice very few countries are capitalist, most have a mixed economy with for example health care being partially controlled by the government.

Answer:

The answer is C. Capitalism for Plato Users

Explanation:

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