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Identify economic system in that country (Singapore) i.e. Command Economy (Communism), Socialism or Free Market Economy (Capitalism)] and perhaps more importantly, discuss why reached that
- Identify economic system in that country (Singapore) i.e. Command Economy (Communism), Socialism or Free Market Economy (Capitalism)] and perhaps more importantly, discuss why reached that conclusion by answering the following question in your country's context:
- What goods and services to produce?
- How will the goods and services be produced?
- Who will get them?
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