Matching Pairs 7.1.4 vocabulary matchingOnline version capitalism merchants trade by Shaner Adams 1 Capitalism 2 Merchants 3 Middle class 4 Entrepreneurs 5 Market economy 6 Democratic 7 Means of production 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 People who trade goods for a living People power 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
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