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chapter 2

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Term
Definition
show an economy in which production is based on customs and tradition  
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command economy   show
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market economy   show
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market   show
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self-interest   show
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show something that encourages an action or effort.  
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show traditional, market, and command combined  
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authoritarian socialism   show
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communism   show
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capitalism   show
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democratic socialism   show
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free enterprise   show
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show property owned legally by individuals  
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contracts   show
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competition   show
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voluntary exchange   show
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show a market that purchases low and sells higher  
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resource market   show
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show money that one is earned from their job  
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show the lowest level of unemployment  
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price stability   show
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show peoples economic stability of living  
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