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What economic system generally taxes the people at the highest rate?
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∙ 10y ago
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∙ 10y ago
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Which economic system is defined by a free market and private ownership?
It is generally known as a market economy. In this economy, the choices are made by the people and not the government.
An economic system where people can start their own business?
The Capitalist Economic System bc it is privately owned
What is an economic system where people can start their own business?
Capitalism is the economic system that permits and even encourages people to start their own businesses.
Which economic system has the most opportunity for people to have economic success?
Arguably capitalism
Most people in the US support an economic system that is?
Most people in the US support a Capitalism economic system in which you can make as much money as you like.
Economic system are created by people to deal with the problem of?
Economic system are created by people to deal with the problem of?
Which economic system is defined by a free market and private ownership?
It is generally known as a market economy. In this economy, the choices are made by the people and not the government.
An economic system where people can start their own business?
The Capitalist Economic System bc it is privately owned
What is an economic system where people can start their own business?
Capitalism is the economic system that permits and even encourages people to start their own businesses.
Which economic system has the most opportunity for people to have economic success?
Arguably capitalism
Most people in the US support an economic system that is?
Most people in the US support a Capitalism economic system in which you can make as much money as you like.
Capitalism is an economic system in which all property is shared among all people?
No! Communism is an economic system in which all property is shared among all people.
Economic products designed to satisfy people's wants and needs are called?
economic system
What are the different economic system?
traditional economic system command economic system market economic system
What are the three different economic system?
traditional economic system command economic system market economic system
Who uses a tradition based economic system?
The Amish people
What is a traditionalist-based economic system?
A tradition-based economic system is an economic system where economic decisions are based largely on cusom. The four economic questions are answered according to the traditions of the country. People produce and distribute goods in the ways that have been followed for hundreds of years by their ancestors.
