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b) Why is the profit motive considered an incentive in a market system? Illustrate the mainfeatures of a market economy. (4 marks) c) What happens

b) Why is the profit motive considered an incentive in a market system? Illustrate the mainfeatures of a market economy. (4 marks)

c) What happens to the economy during a depression? Describe the four stages of the businesscycle. (4 marks)

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