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