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When an Economic System Is Based on Ownership of the Means

question 73

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When an economic system is based on ownership of the means of production by the people for their collective benefit it is classified as a __________ system.


Definitions:

Extinguished Stimulus

A stimulus that previously elicited a response but no longer does so after the process of extinction in conditioning.

Neutral Stimulus

In classical conditioning, a stimulus that initially produces no specific response other than focusing attention, until it is associated with an unconditioned stimulus.

Stimulus Discrimination

The learned ability to differentiate between two similar stimuli based on differences in their significance or meaning.

Stimulus Generalization

A psychological phenomenon where a response to a specific stimulus becomes associated with similar stimuli.

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