Solved: Economic structure versus socialistic structure, Microeconomics

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Economic structure versus socialistic structure

Problem: The U.S. is a capitalistic society. What are the advantages that businesses and individuals have in this economic structure versus in a socialistic structure? Provide one example of how the U.S. capitalistic economy has influenced the world economy. How has this affected the American business and the American citizen?

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Microeconomics: Economic structure versus socialistic structure

Reference No:- TGS01783130

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