Unit 3 Ch. 1 Vocab- Practice

Which of the following words best fits this definition:

_______ is the buying and selling of goods and services; trade.

• Commerce

• Investment

• Contract

• Monopoly

Which of the following words best fits this definition:

____ is money that is spent in order to make a profit.

• Commerce

• Contract

• Investment

• Regent

Which of the following words best fits this definition:

______ ia a written or spoken agreement, usually about business.

• Monopoly

• Manumission

• Commerce

• Contract

Which of the following words best fits this definition:

______ is the complete ownership or control of a resource or industry.

• Regent

• Monopoly

• Commerce

• Investment

Which of the following words best fits this definition:

______ is a person who governs a kingdom when the monarch is unable to.

• Influx

• Monopoly

• Regent

• Commerce

Which of the following words best fits this definition:

______ means a release from enslavement.

• Influx

• Regent

• Investment

• manumission

Which of the following words best fits this definition:

________ is the arrival of a large number of people.

• Asset

• Influx

• Regent

• Contract

Which of the following words best fits this definition:

________ is a system of law in which prior court decisions carry greater weight than codes and statutes.

• Common Law

• Contract

• Commerce

• Cede

Which of the following words best fits this definition:

____ is a system of law in which codes and statues carry greater weight than prior court decisions.

• Commerce

• Manumission

• Regent

• Civil Law

Which of the following words best fits this definition:

_____ is something that is owned by a person, company, or country.

• Negotiate

• Commerce

• Asset

• Investment