Cards in this guide (20)
In socialism but not in communism the government plays a strong role
What type of economic system was developed by Marx
At the time of World War 2 this economist spoke against laissez-faire arguing that government is necessary to address the problem of economic inequality
Many people criticized Keynes because his economic policy did what
It was designed for the short term
The leaders of the communist revolution allowed some elements of capitalism into the Russian economy between 1921 and 1928
In his economic system smith believed that basic economic questions were answered by which group
If you left Promontory point Utah and traveled to San Francisco in which direction would you be traveling
The economic theory of Karl Marx led to the development of which communist state
Russia, which under communism became the Union of Soviet
Socialist Republics (USSR).
What type of view of economics did the rational expectation school of economics headed by lucas and sargent take
What do the inner arrows of the circular flow model represent
flow of money payments(Kaylop)
Factor services ( From household to firms) &
Goods & Services (From firms to households).
[in a 2 sector economy)
Marshal combined the idea of the marginalists and the classical capitalists to form which new theory
The effect of the cutting of the old-growth forests on the ancient cultures and traditions of the people
Failure to return a book to the library on time and paying a fine
Many people criticized keynes because his eonmomic policy did what
Many people criticized Keynes because his economic policy did
what?
In the circular flow model economic resources is both production and the factors of production
What are the differences between facility and utility
Facility often refers to a location while Utility often refers
to an object/goods/services
Which of these statements is not true regarding the regarding the expansion of the railroads
One statement that is not true regarding the expansion of the
railroads is that no laws were passed to regulate the railroads.
This was during the expansion from 1860 to 1900.
(A+) Railroad expansion took business away from the trucking
industry.
Which of these answers best describes the Karl Marx's view of history
Which group would be concerned with pollution of the river after cutting of the old forest
Which of these events was the focus of the United states and the countries of the world during the 1930s
