|
|
|
4
|
a capitalist & free market economy
|
|
6
|
colors, shapes, sizes, styles, brands
|
|
7
|
dollar value of all goods, services & structures, produced w/in a country in 12 month period
|
|
8
|
daily adjustment in prices, adjusts industry
|
|
9
|
better, cheaper, more products, Incentive to invent
|
|
10
|
accumulation of products that are tangible, scarce, have utility, & can transfer
|
|
11
|
'state cannot deprive any person of life, liberty, or property w/o due process of law
|
|
|
|
|
|
|
1
|
private citizens own & use the factors of production to make products & profits
|
|
2
|
schooling, jobs, what to buy, sell etc
|
|
3
|
products being bought & sold w/o gov regulation or interference
|
|
5
|
extended period of time w/ economy in decline
|
|
|
|
