Examlex
Although relatively small by later standards, how did the slave trade from Africa first become profitable for the Portuguese?
Property Value
The market worth of a property, including land and any buildings on it, influenced by location, condition, and market trends.
Market System
A market system is an economic system in which decisions regarding investment, production, and distribution are based on supply and demand, and prices are determined in a free price system.
Property Rights
Property rights are the legal rights to use, control, and dispose of property, including land, buildings, or intellectual property.
Central Planning
A system where a nation's government makes all decisions regarding the economy, including resources allocation and production levels.
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