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Economics

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Janice Connelly

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Cards in this guide (22)
Discuss the functional area of management

The functional areas of management include Production management, marketing management, finance and accounting management, personnel management, customer service and operations.

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.

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

How can lowering taxes stimulate the economy

Businesses spend more and increase employment.

Who pays the taxes within an S corporation

Corporation Shareholders

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 describes the basic physical structures services and facilities needed for the country to operate

infrastructure

Which of the following terms best describes an economy in which producers of goods and services react to consumer choices

market economy

What type of government is one in which the workload is managed by multiple agencies and departments

bureaucracy

Which of the following departments seeks to improve wages and the quality of working conditions

Department of Labor

Which of these is a goal of the Department of Energy

Research and develop solutions to the nation's energy problems.

Which type of corporations are those owned by stockholders

private corporations

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 term represents the process of obtaining revenue through taxation and the subsequent spending of the tax dollars in order to operate the government

I believe the term that you are looking for is budgeting. Whatever government you are dealing with be it Federal, State, or local, each one will have to develop a budget with their income and expenses showing so that they can come up with the amount of taxes that must be levied to develop the revenue needed to run the government.

What is the responsibility of the federal deposit insurance corporation

If a bank fails financially, it insures that people that had money in the bank do not lose their money.

What of the following is not a responsibility of the Federal Reserve System

It guarantees loans to individuals with low household incomes

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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