

The Free Enterprise System's Quiz
Flashcard
•
History
•
12th Grade
•
Practice Problem
•
Hard
Trevor Miller
FREE Resource
Student preview

22 questions
Show all answers
1.
FLASHCARD QUESTION
Front
Economic system with private ownership
Back
Capitalism
2.
FLASHCARD QUESTION
Front
Ability to participate in the market by free choice
Back
Open Opportunity
3.
FLASHCARD QUESTION
Front
Force driving economic improvement
Back
Profit Motive
4.
FLASHCARD QUESTION
Front
Money left after costs
Back
Profit
5.
FLASHCARD QUESTION
Front
Products provided by governments
Back
Public Goods
6.
FLASHCARD QUESTION
Front
Avoids payment but benefits
Back
Free Rider
7.
FLASHCARD QUESTION
Front
Externality imposing costs on others
Back
Negative Externality
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