Consumer - Someone who buys or uses goods and services., Investor - Someone who puts money into a business to make a profit., Profit - The money an investor earns (makes) when the business does well., Urbanization - The growth of cities., Free Enterprise System - When people are free to start their own businesses or do whatever work they want , this is the economy of the United States., Entrepreneur - A person who creates and runs a new business and takes on all the risks of the business., Corporation - A company owned by investors., Monopoly - A company that has control of an entire industry.,
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Industrial Revolution Vocabulary 5th Social Studies
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