Capitalism

to gain more of something a little at a time

• capitalism

• laissez-faire

• regulate

• accumulate

to make rules for something

• capitalism

• laissez-faire

• regulate

• entrepreneur

an economic theory in which a country collects gold and silver and controls trade with its colonies by exporting manufactured goods after importing raw materials

• capitalism

• laissez-faire

• regulate

• mercantilism

someone who invests in and manages a business

• capitalism

• laissez-faire

• regulate

• entrepreneur

(a)   is the most common economic system in the world today.

• capitalism
• laissez-faire
• Socialism
• mercantilism

an economic system in which a country’s industry and trade are controlled by private oweners, not the government

• capitalism

• laissez-faire

• regulate

• entrepreneur

Before capitalism, Europe’s nations engaged in (a)  

• capitalism
• laissez-faire
• Socialism
• mercantilism

(a)   companies were created to reduce the risk of overseas business. If the company failed, shareholders lost only what they had invested.

• Raw materials
• laissez-faire
• Joint-stock
• government

Industrialization created a need for a new economic system. One factor that led to this change were ____________.

• Entrepreneurs

• laissez-faire governments

• government competition for colonization

• government businesses

Entrepreneurs began to influence the economy by:. • starting their own businesses. • creating new (a)   • finding new ways to improve old technology • investing money in new businesses

• governments
• inventions
• recipes
• raw materials