Question: _____ is an economic system in which _____. a. Communism; competition among the owners of production is discouraged b. Capitalism; owners of production compete in

_____ is an economic system in which _____. a. Communism; competition among the owners of production is discouraged b. Capitalism; owners of production compete in setting prices that offer consumers the greatest value c. Communism; limited free-market activities are permitted d. Capitalism; property belongs to the state rather than individuals e. Capitalism; competition among the owners of production is discouraged

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