| A | B |
|---|
| profit motive | drives individuals and businesses to make decisions that improve their material well-being |
| open opportunity | principle that anyone can compete in the marketplace |
| legal equity | principle that everyone has the same legal rights |
| private property rights | gives people the right to control their possessions and use them as they wish |
| free contract | allows people to decide what agreements they want to enter into |
| voluntary exchange | allows people to decide what, when, and how they want to buy and sell |
| interest group | private organization that tries to persuade public officials to act in ways that benefit its members |
| patriotism | love of one's country |
| eminent domain | right of a government to take private property for public use |
| public interest | the concerns of society as a whole |
| public disclosure laws | laws requiring companies to provide information about their products or services |
