What is Free Enterprise?
Free Enterprise
Flashcard
•
Business
•
12th Grade
•
Easy
Susie Goldberg
Used 9+ times
FREE Resource
Student preview
7 questions
Show all answers
1.
FLASHCARD QUESTION
Front
Back
private business
2.
FLASHCARD QUESTION
Front
Economic System
Back
way a society produces goods and services
3.
FLASHCARD QUESTION
Front
Market
Back
supply and demand direct the production of goods
4.
FLASHCARD QUESTION
Front
Traditional
Back
economic system based customs beliefs and traditions
5.
FLASHCARD QUESTION
Front
scarcity
Back
short supply
6.
FLASHCARD QUESTION
Front
command
Back
to be in charge
7.
FLASHCARD QUESTION
Front
barter
Back
to bargain
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