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civics chapter 19

TermDefinition
goods
services
factors of production
natural resources
labor
capital
entreprenur
Gross Domestic Product
standard of living
market
factor market
product market
productivity
specialization
division of labor
economic independence
capitalism
free enterprise
consumer sovereignty
private property rights
competition
profit
profit motive
voluntary exchange
laissez-faire economics
Created by: cierreadouglas
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