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Capitalism & Classes
Contributed by: Graeber
__1. CapitalismA. an economic system in which individuals invest $ in business
__2. Command economyB. an economy that does not change over time.
__3. DemandC. people decide which goods and services to buy at a given $
__4. Economic systemD. when people stop working to earn better working conditions
__5. Free enterpriseE. people choose what to make,sell, and buy w/o government cont
__6. Laissez-faireF. where government owns most of the land and resources
__7. Market economyG. the way a country produces, uses, & services their goods.
__8. StrikeH. goods and services that people are willing to buy
__9. supplyI. policy of letting the economy continue w/o interference
__10. Traditional economyJ. people own control of the business; not the government
__11. labor unionA. organization whose goals are to help working conditions.
__12. socialismB. goverment owns all businesses and industries.
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