Some definitions of vocabulary word we are learning
Capitalism: A social system based on the principle of individual rights
Capitalism.org
Communism: A political system that aims to establish a classless society based on communal ownership
of property.
Chegg.com
free enterprise: freedom of private business to organize and operate for profit in a competitive system without interference by government beyond regulation necessary to protect public interest and keep the national economy in balance.
merriam-webster.com
free market: a market where the price of a good or service is determined by supply and demand, rather than by governmental regulation.
Wikipedia.org
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