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Economics

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Foster Schroeder

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Cards in this guide (17)
What causes the pressure that allows diamonds to form in the mantle

The weight of the rocks in the crust and upper mantle results in the pressure that allows diamonds to form.

The government does which of the following in a planned economy

Runs the economic system

Which of the following is another term for a free-market system

Capitalism
capitalism
Another name for free market system would be called second market. This is a non- profit market.

Some activities can be called games Which of these activities is a game

Playing Solitaire

How does earths solid inner core affect seismic waves

Seismic waves contain both P waves and S waves. P waves can travel through the Earth including the inner core while S waves could not pass through the core.

What best describes what labor directly contributes to production

human effort and ideas drive production

Which economic systems leaves production decisions completely up to the producers

Free-market economy

Best explains what makes allocation decisions necessary

There are never enough goods and services to satisfy wants and needs

What is the only item found on earth in three different phases of matter at standard pressure

Water is the only item found on earth in three different phases of matter at standard pressure.

Which of the following statements about racial groups in the US is true

Which of the following statements about racial groups in the U.S. is true?

Which word best completes the following sentence a players role in his or her in the game

Job.

Why are rules protecting private property some of the most important rules in the free-market system.

Rules for protecting private property is important because land is one of the mostly costly items to have around the world.

What is the source of energy drives the movement of the lithosphere plates

Convection cells

Which of the following best explains what market forces are

the properties of a free-market system that determine what the outcomes will be

Which following describes an action that serves the goal of equity

A player with the fewest points is given more points to help them catch up.

Which of the following are not features of all games

-Winners

-Positions

-Teams

Which of the following is true of permanent magnets

magnetic stuff...

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