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A country must have a democratic political system in order for its capitalist economic system to function effectively.
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A country must have a democratic political system in order for its capitalist economic system to function effectively.
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An economist makes the claim: 'For a capitalist economy to emerge and flourish, it is essential for a nation to first establish a political system where all adults have the right to vote.' Which of the following historical observations most directly challenges this claim?
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