Matching Worksheet

a plan of how much money a person, business, government, or organization is able to spend and how it will be spent
program that automatically provides benefits to offset a change in people's incomes
an economic system in which individuals, not the government control the production and distribution of goods and services; also called market system
the kind of inflation caused by the rising cost of resources such as labor or oil
the kind of inflation caused when consumer spending is greater than the amount of goods and services available
every society must decide WHAT to produce, HOW to produce, and FOR WHOM to produce
money used to buy the tools and equipment used in production
economic system in which individuals and businesses are allowed to compete for profit with a minimum of government interference
a law that sets a fixed limit on the amount of imports
an economic system in which individuals, not the government control the production and distribution of goods and services; also called capitalism