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welcome mr president
umm boss edison and co. just passed us again
how do you like that schawb?
we will keep our eyes on you. you aren't able to own more than 5% of oil companies
Russia is an example of a command economy disadvantages: lack of competition and efficiency advantages:- low levels of inequality
okay but i still get to own my own business right?
hong kong is an example of market economy disadvantages:- shortage of cash advantages:- more expansion
an example of a traditional economy is haiti mainly based on farmingdisadvantages:- high levels of competition advantages:- traditional economies don't produce industrial pollution
examples of countries with mixed economies are France and the united states disadvantages:- government could go too far advantages:- permits private participation in products
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