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Explain how supply changes and affects price. (p. 164) Explain how price can affect demand. (p. 165) Can you think of any price controls put
Explain how supply changes and affects price. (p. 164) Explain how price can affect demand. (p. 165) Can you think of any price controls put in place by the government? (p. 168-169) Describe why the government intervenes with the price of agricultural products or farms. (p. 169) Describe what target price is. (p. 170) What are the seven goals of the American Free Enterprise System? (p. 171) 1. 2. 3. 4. 5. 6. 7
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