Price fixing: Actions, generally by a several large corporations that dominate in a single market, to escape market discipline by setting prices for goods or services at an agreed-on level.

Price supports: Federal assistance provided to farmers to help them deal with such unfavorable factors as bad weather and overproduction. 120

Privatization: The act of turning previously government-provided services over to private sector enterprises.

Productivity: The ratio of output (goods and services) produced per unit of input (productive resources) over some period of time.

Protectionism: The deliberate use or encouragement of restrictions on imports to enable relatively inefficient domestic producers to compete successfully with foreign producers.