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This is an economic system based on private ownership of the means of production; workers do not own what they produce. Competition occurs naturally, which
This is an economic system based on private ownership of the means of production; workers do not own what they produce. Competition occurs naturally, which fosters advancement. This tends to create a sharp divide between the wealthiest citizens and the poorest, however, with the wealthiest owning the majority of the nation's resources and workers are always exploited
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