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3 Cards in this Set
- Front
- Back
- 3rd side (hint)
Runs a business on a profit or loss |
Capitalism |
Private ownership and profit taking |
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Needs competition to get customer; govt not involved |
Market, free enterprise, or private enterprise |
US rose from this system |
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Govt rewards and punished business; regulates |
"Crony capitalism" or corporate welfare |
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