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This Concept Map, created with IHMC CmapTools, has information related to: jatkin11, + demand, + price to get Profit, Management and leadership Has Hierarchy, Means of production Are owned by private persons, Microeconomics involves Inflation, Hierarchy has Order, Capitalism Theorists Adam Smith, Business Is a legally recognized organizational entity designed to provide goods and services to consumers, Supply and Demand Includes Microeconomics, Incomplete Markets in a blind buy, Work for all Theorist Gordon Brown, Natural Monopoly Lack of Competition, Market Failure can be Incomplete Markets, Hierarchy causes power, Globalization Through Poverty, Incomplete Markets may be a Lemon, Globalization Through Growth, Capitalism Is the Economic System, Lemon But is at Lower Cost, power Causes Greed, private persons and operated for Profit