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Economic systems, Economic sectors - Coggle Diagram
Economic systems
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Market/Capitalism
disadvantage: Because profit is the single driving motive of businesses, They generally avoid taking measures to protect the environment or increase social services.
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advantage: When many businesses
Compete for the same market, they tend to bring prices down
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Economic sectors
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Quaternary: Focuses on the application of ideas and knowledge. Data, and software development, coding, BIG DATA.
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