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