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The economic system that is based on private ownership and competition motivated by profit is called _____.

The economic system that is based on private ownership and competition motivated by profit is called _____.
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The economic system that is based on private ownership and competition motivated by profit is called _____.

User Petr Matousu
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The answer is capitalism


User Bar Smith
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The economic system that is based on private ownership and competition motivated by profit is called capitalism. ✅
User Josh Kodroff
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