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Clark Rosenbaum

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Cards in this guide (16)
What generates a demand for goods and services

PRICE

Which of these is not considered strictly a service

changing the oil in your car.

In the circular flow of goods and services what does the resource market represent

Money payments made to households by business firms and the government A+

What is the most significant factor in determining a person's socioeconomic class

wealth

In which type of government is all power concentrated in either one individual or a group

Although one definition of totalitarianism is a unitary government (dictatorship, junta, or oligarchy), the definition actually refers to its operation, in attempting to control all aspects (the total) of a society. Another term for concentrated government is authoritarianism.

What is the best description of microeconomics

The study of the economic behavior and decisions of individuals and businesses
the study of the economic behavior and decisions of individuals and businesses

Which of the following is the best description of social psychology

the study of how an individual's behavior is influenced by other party

Which of these terms is synonymous with the concept of intragenerational mobility

Vertical mobility

Which of these describes the work of Ivan Pavlov

He developed the idea of classical conditioning.

Which of these represents a market economic system

By buying or not buying goods and services, consumers provide answers to the basic economic questions

What is an element of the divine right theory of the origin of the state

belief that a monarch's authority to rule comes from a supreme being

In the circular flow of goods and services what does the government use money payments to provide

Goods and services

What statement best describes the population of the US in the 1900s

the popularity grew steadily during the 1990s.

What statements best exemplifies the caste system

In the caste system in India, people have ascribed statuses because of race and family ancestry.

What answer best describes a conditioned response

a trained response

What of these terms could e defined as the process of government agencies remedying the effects of past and present discrimination

Affirmative action

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