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Economics

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Term1/13

In this department the Bureau of Economics provides an analysis of the nations economy including the GNP

Definition1/13

commerce

Term1/13

This person wrote The Theory of the Leisure Class

Definition1/13

Veblen!

Term1/13

In which country did Adam Smith live

Definition1/13

Scotland

Term1/13

John Maynard Keynes applied his theories to the problems of what crisis

Definition1/13

Great Depression

Term1/13

What was the name of the book published in 1776 that changed the way things were produced

Definition1/13

the wealth of nations

Term1/13

In what type of production does a conveyor belt move and workers stay in one place

Definition1/13

assembly line

Term1/13

Which of these statements represents what Thomas Malthus believed

Definition1/13

The population would grow faster than the food supply.

Term1/13

Karl Marx would have agreed with Adam Smith

Definition1/13

false

Term1/13

A machine wearing out is an example of which of these

Definition1/13

capital consumption

Term1/13

A pioneer in the automobile industry implemented the concept of what which was first introduced by Adam smith

Definition1/13

A pioneer in the automobile industry implemented the concept of the laws of supply and demand that were first introduced by Adam Smith. That automobile industry pioneer was Henry Ford.

Term1/13

Is an organization that produces and distributes a good or service for profit called a business yes or no

Definition1/13

Yes

Term1/13

Did Adam smith's concept of laissez faire stipulated that government should have control of what and how much is produced

Definition1/13

false A+ (nomad)

Term1/13

Which of thesse ideas can be demonstrated best by geometric progression

Definition1/13

the population will exhaust the food supply

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Cards in this guide (13)

In this department the Bureau of Economics provides an analysis of the nations economy including the GNP

commerce

This person wrote The Theory of the Leisure Class

Veblen!

In which country did Adam Smith live

Scotland

John Maynard Keynes applied his theories to the problems of what crisis

Great Depression

What was the name of the book published in 1776 that changed the way things were produced

the wealth of nations

In what type of production does a conveyor belt move and workers stay in one place

assembly line

Which of these statements represents what Thomas Malthus believed

The population would grow faster than the food supply.

Karl Marx would have agreed with Adam Smith

false

A machine wearing out is an example of which of these

capital consumption

A pioneer in the automobile industry implemented the concept of what which was first introduced by Adam smith

A pioneer in the automobile industry implemented the concept of the laws of supply and demand that were first introduced by Adam Smith. That automobile industry pioneer was Henry Ford.

Is an organization that produces and distributes a good or service for profit called a business yes or no

Yes

Did Adam smith's concept of laissez faire stipulated that government should have control of what and how much is produced

false A+ (nomad)

Which of thesse ideas can be demonstrated best by geometric progression

the population will exhaust the food supply

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