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(also known as the command system; socialism or communism) an economic system that is controlled and organised by the state; which makes all the decisions about the development of the economy and also owns all the resources.
goods and services that are harmful in some way; such as cigarettes.
cost of production excluding taxes on production and including subsidies (GDP at basic prices -...
is also called the fixed capital of a country and includes the infrastructure and buildings;...
a structured education and training programme with formal classes held externally plus practical...