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Why Has the Free-Market System Produced the Most Rapid Rates

question 145

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Why has the free-market system produced the most rapid rates of growth of any economic system?


Definitions:

Lose-lose Conflicts

Situations in conflict resolution where all parties involved suffer losses or negative outcomes.

Avoidance

A conflict management style in which the person pretends that a conflict doesn’t really exist.

Accommodation

A conflict management style in which the person plays down differences and highlights similarities to reduce conflict.

Avoidance

The act of keeping away from or preventing the occurrence of something undesirable.

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