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Abstract
This research project delves into the comparative analysis of global economic systems, namely capitalism, socialism, and communism. Through an extensive literature review, the fundamental principles, historical development, and key characteristics of each economic system are examined. The research methodology employs a multidisciplinary approach, incorporating economic theory, historical analysis, and case studies to explore the strengths and weaknesses of each system. By investigating their impact on economic growth, income distribution, social welfare, and political stability, the study aims to provide insights into the ongoing debates surrounding economic ideology and policy.
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