Cards in this guide (14)
This man is responsible for changing classical thinking in the twentieth century
What word would not appear on the page with these guide words immaculate and immutable
Which of these is not true about Europe in the 1500s
towns developed because of an enonomy based on external
trade
Who orchestrated the battles during the Crusades
Pope Urban II was the first to orchestrate the battle of the
Crusades. This began in 1095 when the Christians went to war with
the Muslims at the urging of the Pope.
What is the focus of microeconomics
Behaviors of individual households and forms of local
economics
What defines aggregate demand
the total demand for final goods and services in the economy
According to the law of diminishing returns what will happen if you overuse a factor of production
It will not be as efficient as before. A+
What does not describe the 1950s and 1960s
A period of stagflation A+
In a socialist economy how are the basic problems of scarcity and allocation of limited resources addressed
By production for use or need.
The negotiation of prices for goods and services depending on supply and demand is referred to as which of these
Is not a way in which the European countries benefited from the colonies in the New World
The colonies provided an overland route by which to trade.
Is not a factor in wage variance between different occupations
If a certain business monopolizes a particular industry, the government will attempt to stop it. This is an example of which economic function of government