A society's economic system is largely determined by its concept of:

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A society's economic system is largely determined by its concept of property, including ownership, distribution, and control of resources and goods. The way a society views property rights and ownership shapes its economic structure, whether it be capitalist, socialist, or some other system. While truth, happiness, and justice are important values in a society, they do not necessarily dictate the economic system in place.

A Society's Economic System Is Largely Determined by Its Concept