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Published bySamson Charles Modified over 9 years ago
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Economic system based on free enterprise in which businesses are privately owned, and production prices are determined by supply and demand
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Goods produced for sale
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Suitable for growing crops
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Total control of a type of industry by one person or company
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The merging of resources management systems in which countries are interconnected and dependent upon one another for goods and services Trade between countries with no or little restriction
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Spending more money on imports than earning from exports
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Tax on imports or exports
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Earning more money on imports than earning from exports
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The practice of subcontracting manufacturing work to outside companies, especially foreign or nonunion companies
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Process by which a body of water becomes too rich in dissolved nutrients, leading to plant growth that depletes oxygen
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