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Why Do Economists Usually Prefer Private Ownership to Public Ownership

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Why do economists usually prefer private ownership to public ownership of natural monopolies?


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Vending Machine

A machine that dispenses items such as snacks, beverages, or other products to consumers, typically after a payment has been made.

Basement

The lowest floor of a building, typically below ground level, often used for storage, parking, or as a living space.

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Recently formed relationships with individuals based on mutual interests, experiences, or connections.

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The perspectives and opinions on how society should be governed and on the organization and functioning of communities, reflecting individuals' values, beliefs, and principles.

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