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Delpha Murray

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Term1/16
This person wrote The Theory of the Leisure Class
Definition1/16

Veblen!

Term1/16
John Maynard Keynes applied his theories to the problems of what crisis
Definition1/16

Great Depression

Term1/16
What was the name of the book published in 1776 that changed the way things were produced
Definition1/16

the wealth of nations

Term1/16
In what type of production does a conveyor belt move and workers stay in one place
Definition1/16

assembly line

Term1/16
Which of these statements represents what Thomas Malthus believed
Definition1/16

The population would grow faster than the food supply.

Term1/16
Caveat emptor means that the producer will be protected against fraudulent business practices but must protect the consumer
Definition1/16

false

Term1/16
Karl Marx would have agreed with Adam Smith
Definition1/16

false

Term1/16
What is the period of time when the overall economic conditions are improving called
Definition1/16

expansion

Term1/16
A machine wearing out is an example of which of these
Definition1/16

capital consumption

Term1/16
Division of labor means that production takes place with workers separated into groups according to what
Definition1/16

skill

Term1/16
Ongoing financial reports are usually calculated by an index in developing an index what is the most important thing to do
Definition1/16

select a base year

Term1/16
Who was the leader of the AFL
Definition1/16

Samuel Gompers

Term1/16
A pioneer in the automobile industry implemented the concept of what which was first introduced by Adam smith
Definition1/16

A pioneer in the automobile industry implemented the concept of the laws of supply and demand that were first introduced by Adam Smith. That automobile industry pioneer was Henry Ford.

Term1/16
Did Adam smith's concept of laissez faire stipulated that government should have control of what and how much is produced
Definition1/16

false A+ (nomad)

Term1/16
Are gross domestic product and net national product equal
Definition1/16

(gross national product or GNP) minus depreciation = net national product

Term1/16
Which of thesse ideas can be demonstrated best by geometric progression
Definition1/16

the population will exhaust the food supply

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Cards in this guide (16)
This person wrote The Theory of the Leisure Class

Veblen!

John Maynard Keynes applied his theories to the problems of what crisis

Great Depression

What was the name of the book published in 1776 that changed the way things were produced

the wealth of nations

In what type of production does a conveyor belt move and workers stay in one place

assembly line

Which of these statements represents what Thomas Malthus believed

The population would grow faster than the food supply.

Caveat emptor means that the producer will be protected against fraudulent business practices but must protect the consumer

false

Karl Marx would have agreed with Adam Smith

false

What is the period of time when the overall economic conditions are improving called

expansion

A machine wearing out is an example of which of these

capital consumption

Division of labor means that production takes place with workers separated into groups according to what

skill

Ongoing financial reports are usually calculated by an index in developing an index what is the most important thing to do

select a base year

Who was the leader of the AFL

Samuel Gompers

A pioneer in the automobile industry implemented the concept of what which was first introduced by Adam smith

A pioneer in the automobile industry implemented the concept of the laws of supply and demand that were first introduced by Adam Smith. That automobile industry pioneer was Henry Ford.

Did Adam smith's concept of laissez faire stipulated that government should have control of what and how much is produced

false A+ (nomad)

Are gross domestic product and net national product equal

(gross national product or GNP) minus depreciation = net national product

Which of thesse ideas can be demonstrated best by geometric progression

the population will exhaust the food supply

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