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Ali, a documentation specialist, is reviewing a document. Before finalizing the document, he checks for extra spaces, paragraph marks, and other hidden formatting symbols. Here, Ali is checking for _____.
Laissez-Faire Capitalism
An economic system where private parties are free to engage in economic activities with minimal government intervention.
Classical System
The classical system in economics refers to a school of thought that emphasizes free markets, competition, and the self-regulating nature of economies.
Self-Regulating Markets
A concept where markets operate and correct themselves through the forces of supply and demand without external intervention.
Flexible Wages
A wage system where pay rates can easily adjust in response to changing economic conditions, such as supply and demand for labor.
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