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3 Cards in this Set

  • Front
  • Back

Laissez faire capitalism

The idea that government should not interfere in business. The government shouldn't make a lot of rules for business to follow.

Social Darwinism

Survival of the fittest. The rich were rich because they deserved to be rich. The poor were blamed for being poor. It was there own fault.

Corporation

an association of individuals, created by law or under authority of law, having a continuous existence independent of the existences of its members, and powers and liabilities distinct from those of its members.