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The Basic Characteristics of a Pure Capitalist System Include the Private

question 53

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The basic characteristics of a pure capitalist system include the private ownership of the means of production and economic activity being coordinated through a system of markets and prices.


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High Performance

Achieving significantly better outcomes or efficiency levels than standard benchmarks or expectations.

Social Relationships

Pertains to connections or interactions between individuals or groups in a social context, influencing behaviors and attitudes.

Edgar Schein

A notable American organizational psychologist known for developing seminal theories on organizational culture and leadership.

Work Arrangements

The terms and conditions under which work is performed, including hours, location (remote or onsite), part-time or full-time status, and flexible scheduling options.

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