wise9067 wise9067
  • 02-09-2016
  • Business
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Privately owned businesses are common in which type of economy?

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kaylboooo
kaylboooo kaylboooo
  • 02-09-2016
Privately owned businesses are commonly found in capitalist economies.
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Javion
Javion Javion
  • 02-09-2016
Privately owned businesses are common in "market-based" economies. Essentially the government is letting the market regulate itself vs. publicly owning industries.

Hope this helps
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