economic ideologies

Economic ideologies are the beliefs and values that shape practices and policies related to the production, distribution, and consumption of goods and services in a society. They influence how resources are allocated, how wealth is generated, and how economic growth is pursued. Different economic ideologies, such as capitalism, socialism, and communism, have distinct views on the role of government, market regulation, and property ownership in the economy. These ideologies drive debates on issues like income inequality, social welfare, and economic development.

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