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QWhat is the term for a social or economic system characterized by private ownership of resources and the pursuit of profit?

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  • A Capitalism ✔ ✖
  • B Socialism ✔ ✖
  • C Communism ✔ ✖
  • D Fascism ✔ ✖
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Capitalism is a social or economic system characterized by private ownership of resources and the pursuit of profit. It allows for free market competition and individual economic decision-making.

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