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__________ Is an Economic System Based on Private Property and Market

question 13

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__________ is an economic system based on private property and market exchange.


Definitions:

Data Points

Individual pieces of factual information recorded and used for the purpose of analysis.

Scientific Method

A systematic process used for investigation, including observation, hypothesis formulation, experimentation, and conclusion.

Tentative Explanation

Tentative explanation refers to a provisional theory or hypothesis proposed to interpret or solve a problem, subject to further investigation and testing.

Hypothesis

A proposed explanation for a phenomenon, often used as a basis for further investigation.

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