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Microeconomic Principles

Thursday, 6 August 2009. Features of Capitalist economics trade and specialization, money and capital. This article presents the three distinct features of any capitalist economy. Furthermore it explains the role of government in capitalist economies, which can be considered to be either fiscal policy or monetary policy. Specialization occurs, when people and countries concentrate their efforts. Individuals and countries then voluntarily trade. Capital is major factor of production; land and labor also .

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Microeconomic Principles

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Thursday, 6 August 2009. Features of Capitalist economics trade and specialization, money and capital. This article presents the three distinct features of any capitalist economy. Furthermore it explains the role of government in capitalist economies, which can be considered to be either fiscal policy or monetary policy. Specialization occurs, when people and countries concentrate their efforts. Individuals and countries then voluntarily trade. Capital is major factor of production; land and labor also .

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This web page microeconomic-principles.blogspot.com states the following, "Features of Capitalist economics trade and specialization, money and capital." We saw that the webpage said " This article presents the three distinct features of any capitalist economy." It also said " Furthermore it explains the role of government in capitalist economies, which can be considered to be either fiscal policy or monetary policy. Specialization occurs, when people and countries concentrate their efforts. Individuals and countries then voluntarily trade. Capital is major factor of production; land and labor also ."

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