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question 19

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Definitions:

Capitalism

An economic system where private individuals own and control trade and industry rather than them being controlled by the state.

Economic Interests

The financial benefits or priorities of individuals, companies, or countries.

Social Consciousness

An awareness shared by individuals within a society regarding social issues, including inequalities and injustices, promoting collective action.

Externality

A consequence of an economic activity, such as pollution, that affects third parties.

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