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8&9 dictionary By: Melvina Davis. Command Economy Government owns what people provide.

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Presentation on theme: "8&9 dictionary By: Melvina Davis. Command Economy Government owns what people provide."— Presentation transcript:

1 8&9 dictionary By: Melvina Davis

2 Command Economy Government owns what people provide

3 Copyright When you create your own work that nobody can have in say that its theirs.

4 Equity equal

5 Market economy The inventor gets to choose who their product is for

6 Minimum wage

7 Mixed economy All of the economies put together Ex. Wal-Mart

8 patent Ownership of an invention for a certain amount of time.

9 Personal income When all the money the people In your house make

10 Product Market Certain goods that are sold

11 Supply curve How much an item cost at a certain amount.

12 Chapter 9

13 Peak The highest point

14 contraction Where every things starts to rise. Ex. Rising interest rate, declining profits

15 Rust belt The states in the northern Midwestern area with a lot of manufacturing.

16 Frost belt States in the north with a certain job.

17 Tariffs Taxes that are put on a certain good from another country.

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