Examlex
What is a hypothesis?
Public Ownership
Ownership of assets by the government or a government entity, rather than by private individuals or organizations.
Laissez-faire
An economic system in which transactions between private parties are free from state intervention, including restrictive regulations, taxes, and tariffs.
Capitalist Economy
An economic system where private individuals and business owners control the production, distribution, and exchange of goods and services, typically driven by profit motives.
Central Planning
An economic system where all major production, investment, and allocation decisions are made by the government or a central authority.
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