Examlex
Directions: Change the following fractions to ratios.
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Market Systems
The network of buyers, sellers, and other actors that come together to trade in a given product or service, governed by supply and demand.
Capital Resources
The assets, both physical and financial, that businesses use to produce goods and services; these can include machinery, buildings, and technology.
Private Property
A system where individuals and companies own and control their own possessions and assets.
Self-Interest
An individual's personal gain or advantage, often considered a driving force behind economic decisions and actions.
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