lectur6-page55 - whereby the government, or a central...

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55 55 THE MIXED ECONOMIC SYSTEM Pure Capitalism is only one extreme type of social organization for the production and distribution of commodities. The other extreme is a political system
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Unformatted text preview: whereby the government, or a central decision making body, controls all productive resources. Alias: COMMUNISM...
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This note was uploaded on 12/29/2011 for the course ECO 210 taught by Professor Malls during the Fall '10 term at SUNY Stony Brook.

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