1._______ Materials, machinery, and workers are assembledin one place.2._______ The government spends more than it receives.3._______ System of exchange.4._______ The process of distinguishing Colgate from Cresttoothpaste.5._______ The average level of output per worker per hour.6._______ A study of how wealth is created and distributed.7._______ An organized effort to produce and sell goodsand services for a profit.8._______ A system where individuals own and operate themajority of businesses.9._______ A person who takes the risk and invests in abusiness.10._______ Value of all goods and services produced withina country during a one-year period.a. capitalismb. economicsc. federal deficitd. productivitye. product differentiationf. businessg. factory systemh. entrepreneuri. gross domestic productj. barter
1._______ Materials, machinery, and workers are assembled
in one place.
2._______ The government spends more than it receives.
3._______ System of exchange.
4._______ The process of distinguishing Colgate from Crest
toothpaste.
5._______ The average level of output per worker per hour.
6._______ A study of how wealth is created and distributed.
7._______ An organized effort to produce and sell goods
and services for a profit.
8._______ A system where individuals own and operate the
majority of businesses.
9._______ A person who takes the risk and invests in a
business.
10._______ Value of all goods and services produced within
a country during a one-year period.
a. capitalism
b. economics
c. federal deficit
d. productivity
e. product differentiation
f. business
g. factory system
h. entrepreneur
i. gross domestic product
j. barter
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