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