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Solve the problem.
-A recording company is to release 60 new CDs in the categories of rock, country, jazz, and classical. If twice the number of rock CDs is to equal three times the number of country CDs and if the number of jazz CDs is to equal the number of classical CDs, how can the CDs be distributed among the four types? (Let be the number of rock CDs, the number of country CDs, the number of jazz CDs, and the number of classical CDs. Let be the parameter.)
Government Ownership
The situation in which assets, enterprises, or industries are owned and operated by the government rather than private individuals or companies.
Mean of Production
Likely a typographic error intended to refer to "Means of Production," which are the resources (such as land, labor, and capital) used to produce goods and services.
Central Planning
An economic system where the government or a central authority makes all decisions regarding the production and distribution of goods and services.
Capitalism
An economic system characterized by private or corporate ownership of capital goods, by investments that are determined by private decision, and by prices, production, and the distribution of goods that are determined mainly by competition in a free market.
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