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Capitalism is just one of many systems in which a tiny minority of private persons control the means of production.

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paulbenn

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3y ago

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In a global economy governments have less control over economic activity?

yes in a global economy government has less control over economic activity


What does Congress create to control economic activity?

The Federal Reserve


What is an economic system which says that land business and industry should be owned and run by individual citizens and not by the government?

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fiscal policy


The federal government uses government spending and tax rates to help control recessions and encourage economic activity. This is called?

fiscal policy


"Five-year plans"?

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