Economic system where trade & industry are privately owned
Ch 12-13 Vocab Test

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•
History, Other
•
8th - 9th Grade
•
Hard
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45 questions
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1.
FLASHCARD QUESTION
Front
Back
Capitalism
2.
FLASHCARD QUESTION
Front
Government authority granting exclusive rights to an invention for a set period.
Back
Patent
3.
FLASHCARD QUESTION
Front
Official count or survey of product
Back
census
4.
FLASHCARD QUESTION
Front
Group authorized to act as one entity
Back
Corporation
5.
FLASHCARD QUESTION
Front
Economic system with private business free from state control.
Back
Free enterprise
6.
FLASHCARD QUESTION
Front
Nearly identical parts that can be swapped when damaged.
Back
interchangeable parts
7.
FLASHCARD QUESTION
Front
Exclusive control of supply or trade of goods/services
Back
Monopoly
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