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8 Cards in this Set
- Front
- Back
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economy |
the way a country handles it's money and products |
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consumer |
person who buys a product |
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manufacturer |
those who make products |
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demand |
what/ how much the consumer wants to buy |
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supply |
the items that businesses produce |
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capitalist economy |
individuals own and control business |
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communist economy |
government controlled and owned |
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socialist economy |
major businesses government owned & controlled; smaller ones individually owned & controlled |
