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1. Contrast the views of Locke, Marx, Smith, Keynes, and Spencer on the nature and proper functions of governmentand on its relationship to business. 2

1. Contrast the views of Locke, Marx, Smith, Keynes, and Spencer on the nature and proper functions of governmentand on its relationship to business.

2. "Free markets allocate economic goods in most socially beneficial way and ensure progress." To what extent this statement is either true or false?

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