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