Free Enterprise Economy in Mississippi

Front

When people are free to own and run their own businesses it is called what?

Back

Free enterprise

Front

What does the free enterprise system allow Americans to do?

Back

Make their own economic decisions

Front

People who organize and run their own business.

Back

Entrepreneurs

Front

The money a business earns after it pays for supplies, tools, salaries, and other costs.

Back

Profit

Front

Someone who puts money into a business is called what?

Back

Investor

Front

People who buy a product or use a service are called what?

Back

Consumers

Front

In 1890, out of every 100 Mississippians how many lived on a farm?

Back

Nearly 70

Front

Today, out of 100 Mississippians, how many live on a farm?

Back

3

Front

Farm land covers about how much of Mississippi?

Back

1/3

Front

A farm combined with other businesses needed to raise, prepare and sell a farm product is called what?

Back

Agribusiness