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ch3s1

vocab

TermDefinition
free enterprise system capitalist system
open opportunity the principle that anyone can enter and compete in the marketplace
legal equality the principle that everyone has the same legal rights
free contract the principle that people may decide what agreements they want to enter into
profit motive the force that encourages people and organizations to improve their material well-being
Created by: shortbreadcookie
Popular Economics sets

 

 



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