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unit 5 global 10 #2

group 3

QuestionAnswer
Laissez-Faire "Hands-off" (you can hear the word lazy) gov't stays out of business
Capitalism Investing in a business to make profit
Socialism People own all factors of production and operate for everyone's welfare
Communism All good and services shared equally
Union Association of workers; advocates for better working conditions
Collective Bargaining Negotiation between workers and union for better working conditions and pay
Strike Refusal to work
Created by: beth weir
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