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Business
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| Number of pages / Number of words: |
6 / 1481 |
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Capitalism is also externally stable, in that survival in a capitalistic system requires innovation and flexibility to keep up with the changes in supply and demand (). Disadvantages of capitalism are that it is not acceptable in most modern societies and it is not allowed for portions of the population to be culled ()...
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Those in power tend to construct rules that limit diversity and competition, thereby weakening the flexibility and strength of the system as a whole (). Feudalism can be defined as a system that existed in ancient Europe in which kings built castles, asserted rules in small areas of land and charged high taxes...
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