Matching Match each term in Column A with its definition in
Column B.

Column A
1. capitalism
2. free enterprise
3. profit motive
4. competition
5. private property
6. pure competition
7. monopolistic competition
8. public property
9. gross domestic
product (GDP)
10. invisible hand

COLUMN B

A- competition among many small producers who sell products that vary slightly
B-the total value of the goods and services pro duced by a country in one year
C-the lands, buildings, or goods owned by individuals or businesses
D-the lands, buildings, or goods controlled or op erated by federal, state, or local governments
E-the right of individuals to enter into legal businesses and operate them as they see fit
F-the effort to outperform other businesses
G-a system of private ownership of raw materi-
als, factories, and equipment
H-the desire to earn a surplus
I-when no single firm can influence prices
J-Adam Smith's view on how a nation's eco-
nomic resources can be efficiently allocated