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