1. The preconditions for economic growth are economic freedom, private property rights, and markets. Without these preconditions,...

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1. The preconditions for economic growth are economic freedom, private property rights, and markets. Without these preconditions, people have little incentive to undertake the actions that lead to economic growth.

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Essential Foundations Of Economics

ISBN: 9780520219465

7th Global Edition

Authors: Bade, Robin;Parkin, Michael

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