Who owns most factors of production in a market economy?
a.
individuals
b.
individual states
c.
the federal government
d.
community leaders

New industry and wealth, plans to expand power in the pacific, and new military power were similarities between the united states and in the early 1900s. a) russia b) japan c) china d) britain

Match the vocabulary word with its meaning. 1. capitalism to change or improve something by correcting faults or removing abuses 2. chattel an economic system based on private ownership and competition motivated by profit 3. imperialism policy extending political, economic, or military rule over another 4. indentured an economic system where colonies supply goods to the mother country 5. mercantilism an agreement committing one person to be another's slave for a certain period of time 6. reform a type of slavery where the slave is the sole property of the master with no rights

The american civil war most former enslaved african americans in texas began making a living as