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Economics

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Leanna Walker

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Cards in this guide (14)
In which direction does the demand curve on a graph slant

Downward left to right

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)

The financial management service is the bookkeeper for the federal government and is managed by this department

treasury

Who started cultural relativism

The ideology of cultural relativism was started by Franz Boas. Cultural relativism decrees that an individual should be judged based on their culture.

What department is responsible for employment standards administration administers laws pertainig to the minmum wage and maximum hours laws

The Department of Labor is responsible for employment standards administration and laws pertaining to the minimum wage and maximum hours laws

Which of these terms refers to the process by which a social group becomes part of another social group A accreditation B association C assertion D assimilation E abduction

assimilation

The nationalism displayed at the Olympic Games is evidence of this characteristic

ethnocentrism

What term refers to the knowledge a culture uses to make and build things

technology

What term best describes the visitors traveling in Asia were surprised that people would eat the head of the fish

Cultural Shock

What answers best describes folkways

the customs that define social behavior within a group or society

Which of the following terms best represents an incorporated organization that is not intended to provide a profit to the owners and is always organized as a non-stock corporation

non-profit corporation

What term matches an American couple moves to Brazil and learns how to speak portuguese

The terms that come to mind are:

  • immigrants
  • migration
  • relocation
  • acculturation
  • adaptation
  • multi-cultural
What of the following which shows the name of each position and its hierarchy within an organization

organizational chart A+

Which terms refers to encouraging immigrants and other ethnic groups to preserve the traditions and customs of their cultures

Multiculturalism A+

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