Examlex
Find the sum.
Profit Income
The financial earnings exceeding the costs of production, often considered the reward for business risks.
Command System
An economic system where government decisions determine resource allocation and production choices.
Planning Board
A governing body or committee responsible for setting policies, goals, and procedures related to urban planning, development, and infrastructure projects.
Private Ownership
The legal rights of individuals or corporations to own property and assets, excluding governmental entities.
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