Matching Pairs 7.1.4 vocabulary matchingOnline version capitalism merchants trade by Shaner Adams 1 Middle class 2 Democratic 3 Capitalism 4 Means of production 5 Market economy 6 Entrepreneurs 7 Merchants Things people make money off of. 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 risk investing in a business in hopes of making a profit People who trade goods for a living People who have enough money to buy manufactured or luxury goods for themselves People power
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