6.2 Word Scramble
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Term | Definition |
Capitalism | economic systems in which private business run most industry |
Free Enterprise | business left free from government regulations |
Communism | theory that individual ownership should not be allowed |
Social Darwinism | states that society progresses through compitition |
Corporation | a company that sells stock to investors in order to raise money |
Trust | an arrangement where several companies turn control over to a board of directors to control a single company |
Vertical Integration | owning businesses involved in each step of a manufacturing process |
Horizontal Integration | ownership of several companies that make the same product |
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Jardon1379
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