QUESTION IMAGE
Question
match each word with the phrase that best defines it.
regulate
capitalism
laissez - faire
accumulate
mercantilism
an economic system that emphasizes private ownership
a term that means \leave it alone\
to create laws and rules for something
an economic theory based on nations controlling trade to gain wealth
to gain more of something a little at a time
- "Regulate" means to create laws and rules for something.
- "Capitalism" is an economic system that emphasizes private ownership.
- "Laissez - faire" is a term that means "leave it alone".
- "Accumulate" means to gain more of something a little at a time.
- "Mercantilism" is an economic theory based on nations controlling trade to gain wealth.
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regulate - to create laws and rules for something.
capitalism - an economic system that emphasizes private ownership.
laissez - faire - a term that means "leave it alone".
accumulate - to gain more of something a little at a time.
mercantilism - an economic theory based on nations controlling trade to gain wealth.