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The driving directions to your friend's house are an algorithm.
Government Planning
It involves strategies and policies implemented by a government to achieve specific economic, social, or environmental goals.
Private Ownership
The holding of property by non-governmental legal entities or individuals, allowing for control over assets and their use within the confines of the law.
Entrepreneurial Ability
Ability to recognize a business opportunity and successfully set up a business firm to take advantage of it.
Fascism
A political ideology that emphasizes authoritarian nationalism, centralization of power, suppression of dissent, and often a dictatorial leadership.
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