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Business
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2 / 446 |
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Many countries have different ideas about how they should be run. I think both work fine and can be used anywhere.
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Capitalism first appeared between the 16th and 19th centuries. It became the dominant economic system for the western world since the decline of Feudalism. And once the industrial revolution began, it spread from Europe through out much of the world, becoming the global means of industrialization. Socialism has a much different history...
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