{"id":722,"date":"2019-03-08T08:22:51","date_gmt":"2019-03-08T13:22:51","guid":{"rendered":"http:\/\/iblog.dearbornschools.org\/biggars\/?p=722"},"modified":"2019-03-08T08:22:51","modified_gmt":"2019-03-08T13:22:51","slug":"econ-2-3-vocab-last-ones-of-chapter-2","status":"publish","type":"post","link":"https:\/\/iblog.dearbornschools.org\/biggars\/2019\/03\/08\/econ-2-3-vocab-last-ones-of-chapter-2\/","title":{"rendered":"Econ 2.3 Vocab&#8211;Last ones of Chapter 2!"},"content":{"rendered":"<p>37. free-enterprise system: capitalist\/market economy<\/p>\n<p>38. economic freedom: allowed to choose what you<\/p>\n<p>buy and how to earn money<\/p>\n<p>39. income: money you make<\/p>\n<p>40. voluntary exchange: buyers and sellers freely and<\/p>\n<p>willingly engaging in market activity<\/p>\n<p>41. private property rights: we can own and control<\/p>\n<p>land<\/p>\n<p>42. profit: actual money made<\/p>\n<p>43. profit motive: wanting to get more money<\/p>\n<p>44. entrepreneur: a person who starts a business<\/p>\n<p>45. risk: the chance of losing something<\/p>\n<p>46. benefits: things that help you<\/p>\n<p>47. consumer sovereignty: buyers&#8217; power (kings)<\/p>\n<p>48. intervene: take over<\/p>\n<p>49. mixed economy: people can spend and work<\/p>\n<p>freely with some government control (U.S.A.)<\/p>\n<p>50. consumers: the buyers<\/p>\n<p><a href=\"https:\/\/quizlet.com\/_669kgj\">https:\/\/quizlet.com\/_669kgj <\/a><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>37. free-enterprise system: capitalist\/market economy 38. economic freedom: allowed to choose what you buy and how to earn money 39. income: money you make 40. voluntary exchange: buyers and sellers freely and willingly engaging in market activity 41. private property rights: we can own and control land 42. profit: actual money made 43. profit motive: [&hellip;]<\/p>\n","protected":false},"author":2107,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[],"class_list":["post-722","post","type-post","status-publish","format-standard","hentry","category-econ"],"_links":{"self":[{"href":"https:\/\/iblog.dearbornschools.org\/biggars\/wp-json\/wp\/v2\/posts\/722","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/iblog.dearbornschools.org\/biggars\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/iblog.dearbornschools.org\/biggars\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/biggars\/wp-json\/wp\/v2\/users\/2107"}],"replies":[{"embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/biggars\/wp-json\/wp\/v2\/comments?post=722"}],"version-history":[{"count":1,"href":"https:\/\/iblog.dearbornschools.org\/biggars\/wp-json\/wp\/v2\/posts\/722\/revisions"}],"predecessor-version":[{"id":723,"href":"https:\/\/iblog.dearbornschools.org\/biggars\/wp-json\/wp\/v2\/posts\/722\/revisions\/723"}],"wp:attachment":[{"href":"https:\/\/iblog.dearbornschools.org\/biggars\/wp-json\/wp\/v2\/media?parent=722"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/biggars\/wp-json\/wp\/v2\/categories?post=722"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/iblog.dearbornschools.org\/biggars\/wp-json\/wp\/v2\/tags?post=722"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}