Examlex
Perform the indicated operations.
Capitalism
An economic system where private individuals own and control trade and industry instead of the state.
Private Ownership
The legal right of a person or corporation to exclusively possess, control, and dispose of property or goods.
Classless Society
An envisioned social state without economic divisions or disparity where all individuals have equal status and opportunities.
Communism
A political and economic ideology advocating for a classless system where the means of production are owned communally and private property is nonexistent or severely curtailed.
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