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Economics

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Tiana VonRueden

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2y ago
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Cards in this guide (14)
Which model of government features rule by one person

Monarchy and totalitarianism are two.

According to the Preamble who agrees to the general purposes or goals of their government

According to the Preamble the people agree to the general purposes or goals of their government.

What is the Cherokee nation

By law "The Cherokee Nation" is the official name of the Cherokee government located in Eastern Oklahoma. As a general term the Cherokee nation refers to the groups that make up tribes of Cherokee People.

What type of economy is it where all economic decisions are based on age-old customs

A traditional economy is where all economic decisions are based on age-old customs.

What is the process of the availability of the goods compared to the number of people who want to buy the product known as

supply and demand

Which person studies the production distribution and consumption of goods and services

An Economist studies the production distribution and consumption of goods and services

The Articles of Confederation were effective in binding the states together

no

In which type of government are the wages of workers decided based upon the amount of effort from each worker

In which type of government are the wages of workers decided based upon the amount of effort from each worker?

In which form of government are states loosely united for a common purpose

unitary

Economic systems are based on what

Economic systems are based on the reflection on the values, assumptions and goals of a particular culture.

In which type of economy are the producers of goods and services able to react to consumer choices

market

Which economy answers the three basic economic questions with the phrase Do as we have always done

Market

Examples such as Social Security welfare and disability benefits fall under which category of economic functions of government

equity

What of the following is not a basic economic function of government

equality

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