How centrallyl determined economy differ from market driven

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1. As political systems change, economic systems follow. What does this statement mean?

2. How does a centrally-determined economy differ from a market-driven economy? Explain.

3. What are the benefits of privatization? Why will the trend toward privatization continue?

4. Why are government-business cooperative efforts beginning to increase? What benefits do they offer?

Reference no: EM131367722

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