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Answered 2007-09-02 10:57:46

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Capitalists are people who believe in the principles of economic freedom and personal wealth. People who believe in the opposite (planned economies and collective wealth) are called communists.


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The profit of everything gained is shared as a whole.There are no big businesses since the concept of communism is what socialists live by.The government decides on how the money should be shared among the society.


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What are the Differences between scale of economies and economies of scale?

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Most economies have what economists call?

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Traditional economies are also known as?

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