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Identify and Describe the Two Types of Business Plans

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Identify and describe the two types of business plans.


Definitions:

Communist Credo

A set of ideological beliefs central to communism, advocating for a classless society in which the means of production are owned and controlled communally.

The Soviet Union

A former federal socialist state in northern Eurasia that existed from 1922 to 1991, officially known as the Union of Soviet Socialist Republics (USSR).

China's Economic Growth

A phenomenon marked by rapid industrialization, significant increases in GDP, and lifting millions out of poverty, transforming the country into a major global economy.

Individual Initiative

The drive or motivation of an individual to undertake actions on their own accord, often leading to innovation or the starting of new ventures.

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