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Economics

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Pansy O'Hara

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Cards in this guide (17)
Which department directs the Social Security Administration

health and human services

What is a story of a person's life written by that person

The written account of a person's life written by the person is called an autobiography.

auto=self

biography=life story

The mercantile system would be considered a laissez-faire type of economy

false

aPLUS

Conducting a survey to determine the current status of a welfare program

pure economics

This act was enacted in July of 1890 and made combining of businesses to prevent competition illegal

The Sherman Antitrust Act was enacted in July 1890 and made combining of businesses to prevent competition illegal.

The Malthus principle was incorrect because it failed to do what

consider that farm technonlogy would increase production

Who is man economic theory was first proposed during the American Revolution

Smith

Between 1890 and 1930 what type of economy caused leading economists to be critical of the inequalities that it had created among the people

capitalism

Laissez-Faire economics was a doctrine proposed in the late eighteenth century by what man

adam smith

Which of these countries led England in commerce during the seventeenth century

The Netherlands.

The possession of colonies was a source of which of these for an industrialzed nation

Limited resources, raw materials, market for finished products, wealth (All Of These)

What would the government do or refrain from doing under a laissez faire philosophy

not become involved in the economy

Marshal borrowed what from the marginalists

demand A+

Most early biographies were written to teach moral lessons

Most early biographies were written to teach moral lessons

Which of these factors made the United States especially favorable for economic growth

All of these

By 1890 this company controlled 90 percent of the oil refining business in the united states

Standard Oil Company

Which of these statements is correct in an economic way of thinking

Something must be given up if we are to have more scarce resources.

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