FREE ENTERPRISE Worksheet

Wrote a book called the Wealth of Nations. He set down the principals of a free enterprise system.
A person sells a product or service, but others are free to sell the same products or service.
A person selling or buying goods or services in the same market as another.
A person that buys or uses products, or goods, and services.
An insistent and peremptory request, made as if by right
A business or the setting up and running of a business to gain revenue.
An economic system with few government restrictions on business activities and ownership. Each person can buy and sell private property as he/she wants; land, car, home, building, etc.
An economic system that is created by interactions between buyers and sellers that have few if any regulations.
A person or organization that puts money into financials plans, property, etc expecting to make a profit.
Anyone can start a business of any kind, sell whatever products he wants and decide what prices to charge for their products/services
Land owned by a private person or party and not by the government or not for public usage.
A person, company, or country that makes, grows, or supplies goods or commodities for sale.
After the sale of goods or services and payment of all expenses and salaries, the money left over is called profit.
Make something needed or wanted available to someone, provide it supply it: