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Shamie Palaroan
on Nov 11, 2024

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Of the various types of economic systems,pure market capitalism involves the greatest government interference and control over the economy.

Pure Market Capitalism

An economic system where all productive resources are owned and controlled by private individuals and businesses, with all economic decisions made through the market.

Government Interference

Actions by government agencies that affect the market or economy through regulations, policies, or direct involvement.

Economic Systems

The methods and principles societies use to allocate scarce resources and distribute goods and services, including capitalism, socialism, and communism among others.

  • Gain knowledge on the role of government intervention in various economic systems.
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Samantha MoburgNov 17, 2024
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