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Economics

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Kyleigh Jacobs

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Cards in this guide (17)
What is the average price of porcelain dolls in 1990

About £10.00

What is the potential costs of scarcity and choice

Describe the potential costs of both scarcity and choice.

Which of these is not true about Europe in the 1500s

towns developed because of an enonomy based on external trade

What would not be a factor in determining the price of a ticket to a sporting event

the projected profits from concessions.

What happens when goods become scarce

the prices increases, and the goods become expensive.

Which type of economy has a socialistic view of society

traditional

Which of these is not studied in the field of geography

Cultural habits.

What is a possible secondary effect of buying a new car instead of a used car

less money to spend on entertainment

Which of these was not the effect of the payments made by conquered territories

decrease in taxes

What social scientist studies the ways a natural disaster will affect monetary spending and social values Political scientist Sociologist Economic anthropologist Socioeconomist

socioeconmist

In a socialist economy how are the basic problems of scarcity and allocation of limited resources addressed

By production for use or need.

Cities along coastlines would commonly produce which item as their primary source of income

small fish for the canned food industry

What Countries with a capitalist view of society have which type of economy

Capitalist would be the type of economy.

An economy run by the free market, and has little-to-no government regulation.

Which of these describes a market economic system

Economic decisions are based on supply and demand. A+

Which of the following is not studied by an anthropologist

earth's features and its inhabitants

“Which of these does not describe how the Greek government regulated the economy of Ancient Greece “

It placed taxes on the purchase of all goods

Which of the following is studied in the field of sociology

how societies continue to function

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