Economic Systems - Capitalism and Socialism
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Last updated 7 months ago
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| Draggable item | arrow_right_alt | Corresponding Item |
|---|---|---|
Individualism | arrow_right_alt | Smith's belief that wealth came from businesses competing with each other. |
Invisible Hand | arrow_right_alt | Bussiness should be free to do what they want without government influence or rules |
Competition | arrow_right_alt | the idea that the amount of goods and people's desire to have them should determine what is produced - Supply and Demand |