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10 June, 05:51

The author suggests that former capitalist nations could adopt features of socialism, while former socialist nations adopt features of capitalism. this theory is referred to as

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  1. 10 June, 09:38
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    this theory is referred to as: Transformation

    In choosing an economic system, transformation refers to creating an adjustment to an existing economic system, by taking the positive aspects of other existing economic system.

    For example, a communist country that choose to give more freedom to the private sector in order to attract economic growth
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