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Which of the following is the first step in the valuing process?
Private Hands
Ownership or control by private individuals or corporations, as opposed to public or government ownership.
Financial Institutions
Organizations that provide financial services, such as banks, insurance companies, and investment firms.
Socialist Economy
An economic system where the production and distribution of goods and services are regulated by the government, aiming for equal wealth distribution and minimizing economic inequalities.
State Enterprises
Businesses owned and operated by the government aimed at providing services or goods to the public.
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