The objective is to increase output. The ideology is capitalism where the economy is driven by the private sector without interference from the government. Property is privately owned. Economies that use this strategy are generally characterized by the following:
Inequality in income distribution
A widening gap between the poor and the rich
High rate of growth in Gross Domestic Product
Large firms owned by a few people
Dana05 answered the question on July 15, 2019 at 14:44
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