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Briefly Describe Crony Capitalism and Explain How It Contributed to the 1997

question 56

Essay

Briefly describe crony capitalism and explain how it contributed to the 1997 financial crisis in Southeast Asia.


Definitions:

Simplify

To reduce a complex mathematical expression or equation to a simpler form by performing operations and combining like terms.

Expression

In mathematics, an arrangement of numbers, symbols, and operators (such as + and ×) that represents a quantity or procedure. Expressions do not have equality signs.

Simplify

The process of making an expression or equation easier to understand or solve by reducing complexity.

Expression

A combination of numbers, variables, and operations representing a particular value, without an equality sign unlike an equation.

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