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True or False & Explain why it is True or False. You must state if the statement is true or false, then you must explain

True or False & Explain why it is True or False.

You must state if the statement is true or false, then you must explain why it is true or false.

Statement: The US market economic system is founded upon the concept of private property rights as stated in the US Constitution.

You must be explicit in your answer with a minimum of 75 words

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