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Economics

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Adele O'Hara

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2y ago
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Cards in this guide (12)
What happened as a result to World War 2

The world entered the nuclear age and the Cold War began.

V-cube 7 or megaminx

megaminx

Which of these is not true about Europe in the 1500s

towns developed because of an enonomy based on external trade

What was significant about the invention of steam power
it increased the mount of settlement near rivers and streams


1. Didn't need river power.
2. Didn't need animal power
3. It didn't tire (as animals do).
Who provided most charity services to the public in ancient times

churches

Which of these does not describe prehistoric people

A+ -They built permanent shelters for protection

Which country was the first to gain a position in the New World

Spain was the first to gain position in the new world.

What is the focus of microeconomics

Behaviors of individual households and forms of local economics

Which of these was a belief of John Stuart Mill

Constant growth would lead to the destruction of the environment

According to the law of diminishing returns what will happen if you overuse a factor of production

It will not be as efficient as before. A+

Is not a factor in wage variance between different occupations

Big dongs

Which of the following is another term for a market economy

A market economy, also widely known as a "free market economy," is one in which goods are bought and sold and prices are determined by the free market, with a minimum of external government control.

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