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Remosgirlforever
Remosgirlforever Remosgirlforever
  • 03-02-2016
  • Geography
Answered

Under which economic system are businesses privately owned with the possibility of profit?

Verified Answer :

Yina
Yina Yina
  • 03-02-2016

Under the economy of market economy.

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Anonymous Anonymous
  • 03-02-2016

In a market economy, the businesses are privately owned, which means they receive their own revenue and handle their own expenses. 

Answer: Market economy 

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