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All transfer payments are made to people with low incomes.
Capitalism
An economic system based on private ownership of the means of production and the creation of goods or services for profit, characterized by competitive markets and capital accumulation.
Wealth And Capital
Terms related to the accumulation of valuable resources and assets, with "wealth" often referring to the stock of assets held, and "capital" usually meaning funds or resources used for investment and production.
Powerful Governments
Governments that have substantial control and influence over both domestic and international affairs, often characterized by strong leadership and comprehensive policies.
Workplace Governance
The system by which workplaces are directed and controlled, involving the mechanisms, processes, and relations by which control is exercised and accountability is rendered.
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Q141: Ronald Coase argued that property rights should