Glossary

A glossary is a dictionary of terms specific to a certain subject. A biology textbook might have a glossary in the back, so you can quickly look up all those technical words.

Free Enterprise

Updated on 2023-08-29T11:58:16.266825Z

In a free enterprise, the economy is dependent on market forces to determine prices for goods and resources. The supply and demand of goods and service determine the pricing. Also referred to as capitalism, where a consumer’ self-interest enables to drive the economic system.