Examlex
Which of the following is most likely to undergo decay?
Capitalist Form
A socio-economic system characterized by private ownership of capital goods, investments determined by private decision, and prices, production, and the distribution of goods determined mainly by competition in a free market.
Mixed Economy
An economic system combining private and public enterprise.
Private Sector
Refers to the part of the economy that is run by individuals and companies for profit and is not state controlled.
Public Sector
The part of the economy comprising government services and publicly operated enterprises, funded by taxation.
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