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Economics

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Chanelle Morar

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Cards in this guide (24)
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

Which division of the Department of Housing and Urban Development pays rental assistance to private landlords for tenants who qualify for programs such as Section 8 housing

Housing Choice Voucher Program

When a country brings in goods that were made in another country what is it doing

importing

How can lowering taxes stimulate the economy

Businesses spend more and increase employment.

Who pays the taxes within an S corporation

Corporation Shareholders

Who has the authority to penalize and shut down businesses that do not follow environmental regulations

Environmental Protection Agency

What is the largest and best-known exchange

new york

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

Who oversees the operations of the Federal Reserve

board of directors

What best describes market prices that change often and to a great degree with dramatic spikes and plunges

Volatile is the word that best describes market prices that change often and to a great degree with dramatic spikes and plunges.

What terms best describes something that is created entirely in the mind and includes copyrights trademarks and patents

Tangible Property

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

Which term best describes the rate at which a country's currencies convert to other currencies

exchange rate

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
Once a firm knows what it should produce what must it then decide

how it will produce the goods or services

In which area of the economy does the government regulate the marketing of products to prevent deception

safety and consumer protection

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+

what is the ________ of the united states is the federal reserve.

central bank.

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