chapter 13 section 4 fill in the blank Flashcards

1
Q

“I am the idea that government should not meddle in the operation of bushiness, and I mean “let it be” in french”

A

Laissez- Faire

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2
Q

I am a process of negotiation in which unions and management come to agreement on working conditions, wages, and hours

A

collective bargaining

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3
Q

I reasoned that two natural laws govern all economic activity——–the law of supply and demand and the law of competition

A

adam smith

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4
Q

I argued that population increases present the greatest obstacle to human progress

A

thomas malthus

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5
Q

i am a method of collective action in which workers stop workiing to protest unfair conditions

A

strike

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6
Q

i am the belief that economic forces work best if producers simply do business for their own gain, without governmental controls

A

free enterprise

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