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key terms of term # 3

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FREE MARKET

Growth

New inventions make life easier.

Economic growth due to media competition

Create new inventions to advance society

Freedom

Freedom to spend money on necessities and wants.

Freedom to work however you want so long you work hard enough

Freedom to create new things (entrepeneurship)

Equity Oppurtunity

A difference in pay pending on how well someone work ethic is.

Evey citizen starts out equal and is judged on how hard they work.

Anyone can work however they want so long they work hard