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Focus is on progress of community

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private business owners

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government should not interfere with rights of individuals to make their own living

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survival of the fittest

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more freedom to grow and expand economically

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when people compete against each other they achieve greater success

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government controls economy

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wealth distributed equally

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when people work together they achieve better success

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government should interfere in economy as little as possible

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means of production owned by private owner

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states more important than individual

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Government owns businesses

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means of production owned by society or community