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Economics

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Danika Abbott

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Cards in this guide (25)
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 does the federal trade commission regulate

the federal trade commission regulates commerce.

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.

Which division of the Department of Housing and Urban Development is also known as Section 32 housing and assists low income families with the purchase of homes

Public Housing Home Ownership Program is the division of the Department of Housing and Urban Development and is known as section 32 housing and assists low income families with the purchase of homes.

Who pays the taxes within an S corporation

Corporation Shareholders

What is the term for the process whereby a person is held responsible for the actions of a business

piercing the coporate veil

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

Cultural Shock

What is the goal of the Choice Neighborhoods Program

Provide funding to local government agencies and non-profit organizations to revitalize low-income neighborhoods.

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 the process by which the government controls interest rates and the money supply in order to influence the economy

monetary policy

Which of the following is responsible for ensuring the safety of a wide range of products in the marketplace including food medicines cosmetics and tobacco

Food and Drug Administration

Who oversees the operations of the Federal Reserve

board of directors

What is the primary responsibility of the Office of Electricity Delivery and Energy Reliability

Work with businesses and universities to advance the efficiency and reliability by which electric power is supplied to the nation.

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 is a corporation that does not pay any federal income taxes

S corporations

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 is not a responsibility of the Federal Reserve System

It guarantees loans to individuals with low household incomes

What of the following is true of private corporations

they are not owned by the general public A+

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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