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In today’s world, the free market has been the center of transactions among the competing private businesses. These private businesses focus on the generation of occupations and products with great value while applying innovative and technological techniques towards their growth and development. However, competition itself has contributed to the distinct disparity between the higher and lower sector of the economy. The economic struggle has led to the concentration of affluence in too few entities enabling them to have social control over the lower sector of the society.
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