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Economy - Coggle Diagram
Economy
Government
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Communism
Stateless, classless, egalitarian society without private property or nationality
When the market economy is out of balance only the government has the/enough resources/money to provide stability
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Business/Company
Competition
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Maximising profits, lowering quality
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Individuality
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Capitalism
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Unemployment
Due to machinery substituting human labour for being more efficient in the work flow and production efficiency
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Market
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Economic Liberalism
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A market controlled and functioning by individual parties without the interruption of government authority and jurisdiction