Free Enterprise
Free market system is synonymous with...
Free market, Capitalism
What is an Entrepreneur
Someone who owns a business
The Government became the protector, provider, _______________, and consumer
Regulator
What was lowered in the US 2 days ago
Interest Rates
"Another one"
DJ Khaled
The race between companies and people to earn and win these incentives
Competition
Drives the decisions in an economy due to demand or dollar ("Votes")
Consumers
US enacting labor laws is when the government is serving as the ____________
Protector
A CD is a savings instrument which typically earns more interest than a savings account but is bound by limits set within a contract. What does CD stand for?
Certificate of Deposit
"I have a dream..."
Dr. Martin Luther King
A thing that motivates or encourages one to do something.
Incentive
Entrepreneurs serve as the sparkplug or "c_________" of the economy
Catalyst
Government serves as a _______________ in the market when they buy scarce resources
Consumer
Who came up with the idea of Communism
Karl Marx
"I am inevitable"
Thanos
You have the ____________ ____________ to choose your job, employer, location, etc
Economic Freedom
Why are the entrepreneurs and big businesses favored by the government?
Add to GDP
Government is serving as the ______________ when they give funds to local governments to fix roads
Provider
Country with the highest GDP per Capita
Singapore
"Four score and seven years ago"
Abe Lincoln
The incentive to improve ones material well being
Profit Motive
The customer is always right mentality falls within C___________ S______________
Consumer Sovereignty
When the government keeps a tight leash on the nuclear and banking industry they are serving as the _____________
Regulator
What is the tax on things like alcohol and cigarettes called? S___ T___
Sin Tax
"Family"
Vin Diesel/Dom