Tschiggfrie 3rd Quarter Vocabulary

common people hold political power & can rule directly or through elected representatives.

The system of trade and industry by which the wealth of a country or region is made and used.

economic system based on public ownership of property & control of production

The careful use and management of money or of time, energy, words, etc.

something you cannot survive without is called a

a skill in starting new businesses, especially when this involves seeing new opportunities.

A new idea or method or the use of a new idea or method is called an

something you can live without but would like to have is called

economic or political system based on government ownership & control of businesses & production