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Given the following information,what are the
Capitalist Economic System
An economic system based on private ownership of the means of production and where prices, production, and distribution of goods are determined by competition in a free market.
Social Arrangements
The structured ways in which society is organized, including institutions, hierarchies, and social relationships.
Geographic Location
Refers to a specific physical point on Earth's surface as defined by a set of coordinates, or a description like an address.
Globalization
The process of increasing interconnectivity and interdependence of the world's markets and businesses, facilitated by advances in communication and transportation technology.
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