An economic system based on competition for market shareGroup of answer choicesGlobalizationTariffColonialismCapitalism

A tax applied to imported goodsGroup of answer choicesCapitalismTariffGlobalizationColonialism

The idea that a free market economy will regulate itself through unseen forces to provide the greatest overall benefit to society.Group of answer choicesColonialismInvisible handMercantilismTariff

Full or partial control of one territory and its peoples by another, often involving economic exploitation of the subordinated territoryGroup of answer choicesGlobalizationTariffColonialismCapitalism

An economic system based on competition in the marketplace and private ownership of the factors of production is known as:Group of answer choicescapitalismScratchutopianismScratchsocialismScratchdemocratic economyScratchprivatization

An economic system based on complete freedom of trade and little, if any, government control is known as:Group of answer choicescapitalismScratchutopianismScratchsocialismScratchdemocratic economyScratchprivatization