Ce.11 & Ce.12

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  1. Rivalry between producerscompetition
  2. Earnings after all expenses have been paidprofitmotive
  3. Markets that are allowed to operate without interference from the governmentfreeenterprise
  4. Prohibits monopolies and encourages competitionantitrust
  5. A tax levied on land and buildingspropertytax
  6. A tax consumers pay on items purchasedsalestax
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