QUESTION IMAGE
Question
what kind of economy might a country have if it was influenced by western thought?
○ communist
○ capitalist
○ democratic
○ republican
Brief Explanations
Western economic thought is strongly associated with capitalism, an economic system centered on private ownership, free markets, and profit motive. Communist systems are rooted in opposing ideological frameworks. Democratic and republican refer to political systems, not economic ones.
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B. capitalist