| A | B |
|---|
| profit motive | the force that encourages people and organizations to improve their material well-being |
| open opportunity | the concept that everyone can compete in the marketplace |
| private property rights | the concept that people have the right and privilege to control their own possessions as the wish |
| free contract | the concept that people may decide what agreements they want to enter |
| voluntary exchange | the concept that people may decide what and when they want to buy and sell |
| competition | the struggle among producers for the dollars of consumers |
| interest group | a private organization that tries to persuade public officials to act or vote according to group member's interests |
| public disclosure laws | laws requiring companies to provide full information about their products |
| public interest | the concerns of the public as a whole |
