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Jace Vandervort

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Term1/25
Why is taxation necessary
Definition1/25

To provide money for government programs

Term1/25
What does a progressive taxation system do
Definition1/25

it increases the tax as income rises

Term1/25
Environmental-protection laws can be bad for the economy because they may do what
Definition1/25

Environmental-protection laws can be bad for the economy because they may increase unemployment.

Term1/25
Who has to approve the budget of the US government
Definition1/25

CONGRESS

Term1/25
How do developed countries maintain an advantage over developing countries in international trade
Definition1/25

They maintain high tariffs on the agricultural goods that many developing countries export.

Term1/25
Segregation was a limitation on what
Definition1/25

Civil Rights, those rights that most take for granted. Segregation affected all aspects of life for those segregated; Politics, Social, Educational, Judicial, etc.

Term1/25
The purpose of advertising is to do which of the following
Definition1/25

To introduce people to products or methods.

To convince people to procure and make use of prodiucts and methods.

To convince people to procure and use a specific brand of a product or method.

Term1/25
Match each type of tax with an example of its use apex
Definition1/25

Though answer choices weren't listed I found an example. Sin tax would be 10 percent on gambling winnings. Income tax would be 20 percent tax on wages that are earned. Excise tax would be thirty cent tax on a gallon of gasoline. Consumption tax would be 9 percent tax on the sale of luxuries.

Term1/25
Match each of the protectionist policies below with an Which of the following best explains what happens when workers join a labor union
Definition1/25

A.Tariff -----The government limits the import of sugar from other countries.

B.Quota ----The government puts a high tax on sugar made in other countries.

C.Subsidy--- The government pays sugar farmers to keep sugar prices low.

Term1/25
What is one benefit of consumer-protection regulations
Definition1/25

Consumer protection regulations add a safety net for consumers. The Consumer Financial Protection Bureau monitors financial markets for risks to consumers.

Term1/25
What is the purpose of a test match at a sporting event
Definition1/25

A test match is when two international teams play against each other at a sporting event. The purpose of this is to find out which nation is the best at that particular sport.

Term1/25
What is the most common rock type in the area of mount Sebastopol
Definition1/25

methamorphic rock?

Term1/25
Who takes place in the supreme court
Definition1/25

what people take place in the supreme court

Term1/25
What is the Cause of demand pull-inflation
Definition1/25

Consumers want more and more goods and services - APEX

Term1/25
Match each sample good with the type of good it represents.
Definition1/25

health care-merit good

infrastructure-public good

automobiles-individual good

Term1/25
What is largest difference between developed and developing countries
Definition1/25

the level of wealth

Term1/25
What Match each term to its best definition
Definition1/25

Bababoi

Term1/25
What unfair business practice do cartel use
Definition1/25

price fixing

Term1/25
What is an example of a labor law in economics
Definition1/25

A restriction on when a union may call a strike

Term1/25
Match each of the terms below with an example that fits the term.
Definition1/25

Idk

I dont know

Term1/25
Match each organization with its correct relationship to the government
Definition1/25

A. Social security _ government agency

B. U.S. Postal Service _ government corporation

C. Boeing _ government contractor

Term1/25
Match each type of good with the sample good it represents (apex)
Definition1/25

Merit good : education

Public good : national security

Individual good : food

Term1/25
Match each organization with the correct labels (apex)
Definition1/25

Organization of Petroleum Exporting Countries competition regulator

Lockheed Martin Corporation government contractor

Antitrust Division of the Department of Justice cartel

Term1/25
Match each type of restriction with one of its effects (apex)
Definition1/25
  • trade restrictions is to higher prices for consumers.

-labor laws is to regulation of union activities

  • banking regulations is to stability for the economy
Term1/25
Which of the following correctly describes Fascism
Definition1/25

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Cards in this guide (25)
Why is taxation necessary

To provide money for government programs

What does a progressive taxation system do

it increases the tax as income rises

Environmental-protection laws can be bad for the economy because they may do what

Environmental-protection laws can be bad for the economy because they may increase unemployment.

Who has to approve the budget of the US government

CONGRESS

How do developed countries maintain an advantage over developing countries in international trade

They maintain high tariffs on the agricultural goods that many developing countries export.

Segregation was a limitation on what

Civil Rights, those rights that most take for granted. Segregation affected all aspects of life for those segregated; Politics, Social, Educational, Judicial, etc.

The purpose of advertising is to do which of the following

To introduce people to products or methods.

To convince people to procure and make use of prodiucts and methods.

To convince people to procure and use a specific brand of a product or method.

Match each type of tax with an example of its use apex

Though answer choices weren't listed I found an example. Sin tax would be 10 percent on gambling winnings. Income tax would be 20 percent tax on wages that are earned. Excise tax would be thirty cent tax on a gallon of gasoline. Consumption tax would be 9 percent tax on the sale of luxuries.

Match each of the protectionist policies below with an Which of the following best explains what happens when workers join a labor union

A.Tariff -----The government limits the import of sugar from other countries.

B.Quota ----The government puts a high tax on sugar made in other countries.

C.Subsidy--- The government pays sugar farmers to keep sugar prices low.

What is one benefit of consumer-protection regulations

Consumer protection regulations add a safety net for consumers. The Consumer Financial Protection Bureau monitors financial markets for risks to consumers.

What is the purpose of a test match at a sporting event

A test match is when two international teams play against each other at a sporting event. The purpose of this is to find out which nation is the best at that particular sport.

What is the most common rock type in the area of mount Sebastopol

methamorphic rock?

Who takes place in the supreme court

what people take place in the supreme court

What is the Cause of demand pull-inflation

Consumers want more and more goods and services - APEX

Match each sample good with the type of good it represents.

health care-merit good

infrastructure-public good

automobiles-individual good

What is largest difference between developed and developing countries

the level of wealth

What Match each term to its best definition

Bababoi

What unfair business practice do cartel use

price fixing

What is an example of a labor law in economics

A restriction on when a union may call a strike

Match each of the terms below with an example that fits the term.

Idk

I dont know

Match each organization with its correct relationship to the government

A. Social security _ government agency

B. U.S. Postal Service _ government corporation

C. Boeing _ government contractor

Match each type of good with the sample good it represents (apex)

Merit good : education

Public good : national security

Individual good : food

Match each organization with the correct labels (apex)

Organization of Petroleum Exporting Countries competition regulator

Lockheed Martin Corporation government contractor

Antitrust Division of the Department of Justice cartel

Match each type of restriction with one of its effects (apex)
  • trade restrictions is to higher prices for consumers.

-labor laws is to regulation of union activities

  • banking regulations is to stability for the economy
Which of the following correctly describes Fascism

you pipi

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