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Resource Distribution
Refers to the allocation of resources, including land, labor, and capital, among different uses and geographic areas, affecting economic outcomes and efficiencies.
Property Rights
Legal rights to use, control, and derive benefits from resources such as land, intellectual property, and personal assets.
Markets
Any structure that allows buyers and sellers to exchange any types of goods, services, and information.
Central Planners
Officials or bodies within a government responsible for making decisions about the economy’s production and distribution of goods and services.
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