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Which economic system is most closely associated I with the United States , Japan, and Hong Kong? Choose Capitalism Socialism Communism Traditional ety, after the enslaving subordination of on of labor and therewith also the al and physical labor, has vanished; after ly a means of life but life's prime want; s have also increased with the all- le individual , and all the springs of co-

Problemas

Which economic system is most closely associated I with the
United States , Japan, and Hong Kong?
Choose
Capitalism
Socialism
Communism
Traditional
ety, after the enslaving subordination of
on of labor and therewith also the
al and physical labor, has vanished; after
ly a means of life but life's prime want;
s have also increased with the all-
le individual , and all the springs of co-

Which economic system is most closely associated I with the United States , Japan, and Hong Kong? Choose Capitalism Socialism Communism Traditional ety, after the enslaving subordination of on of labor and therewith also the al and physical labor, has vanished; after ly a means of life but life's prime want; s have also increased with the all- le individual , and all the springs of co-

Solución

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Ramonamaestro · Tutor durante 5 años
expert verifiedVerificación de expertos
4.2 (215 votos)

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The economic system most closely associated with the United States, Japan, and Hong Kong is 'Capitalism'.

Explicar

## Step 1<br />The question to identify the economic system that is most closely associated with the United States, Japan, and Hong Kong. The options provided are Capitalism, Socialism, Communism, and Traditional.<br /><br />## Step 2<br />We need to consider the economic systems of these countries. The United States, Japan, and Hong Kong are known for their free-market economies, where private ownership and free enterprise are encouraged. This aligns with the definition of Capitalism.<br /><br />## Step 3<br />We can also rule out the other options. Socialism and Communism are economic systems where the means of production are owned and controlled by the state, which is not the case in the United States, Japan, and Hong Kong. Traditional economies are based on customs and beliefs, which also does not align with the economic systems of these countries.
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