Matching Pairs 7.1.4 vocabulary matchingOnline version capitalism merchants trade by Shaner Adams 1 Means of production 2 Middle class 3 Capitalism 4 Market economy 5 Merchants 6 Entrepreneurs 7 Democratic When the government stays out of business matters, as advocated by Adam Smith. When price is determined by the "invisible hand" of supply and demand People who trade goods for a living People power People who have enough money to buy manufactured or luxury goods for themselves People who risk investing in a business in hopes of making a profit Things people make money off of.
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