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Grace Brekke

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Cards in this guide (17)
What does Authoritarian mean

Requiring strict obedience to an authority, such as a dictator .

Who was the leader that introduced communism and central planning to the former Soviet Union

Vladimir Lenin

How does a society answer the three economic questions about the production and consumption of goods and services

Its answer is based on the importance it attaches to various economic goals and societal values.

Find the slope of the line passing through the points 0 0 and 4 6

Slope of line = (change in y coordinates)/(change in x coordinates) = (6-0)/(4-0) = 6/4 = 3/2

Which agent of metamorphism can cause the overall composition of rock to change

khggkuguigbgui

A sentence with free enterprise system

The United States is a free enterprise system.

What is the income people receive for supplying factors of production such as land labor or capital called

They are called factor payments.

What was not a priority of soviet planners

luxury items for consumers

How would the economy of Canada be likely characterized

The Canadian economy would be characterized as diverse with an emphasis on natural resources, manufacturing and construction industries, and service industries.
Mixed, but on the side of free market

In a traditional economy what are the economic decisions based largely on

Customs and traditions.

What did China's steps to modify its centrally planned economy include

China's steps to modify its centrally planned economy includes reversing the market regulations. They also encouraged literacy in the economy markets which worked to their advantage.

Which of the following is a social and political philosophy based on the belief that democratic means should be used to evenly distribute wealth throughout a society

Socialism

Which of the following lists of mixed economies does the market system dominate

US, UK, Singapore, Hong Kong
A mixed economy is an economic system that allows for the simultaneous operation of publicly and privately owned enterprises. Almost all countries are mixed economies. But the degree of govt regulation varies from country to country.

US, UK, India, Cuba etc are examples.

What person believes that real equality can only exist when political equality is coupled with economic equality and that democratic means should be used to distribute wealth evenly throughout society

socialist

What is porperty owned by individuals or companies not by the government or the people called

Private Property

Which of the following is not an economic goal that influences how societies answer the three key economic questions

In order to know which of the following is not an economic goal that influences how societies answer the three key economic questions one would need to know the answer choices.

Which is not a process involved in the formation of sedimentary rocks

how does the fossil record provide evidence for evolution?!

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