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Economics

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Randal Bernhard

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Cards in this guide (18)
The branch of economics that focuses on how human behavior affects all areas of the economy

Macroeconomics

What is the food web that Orangutans are a part of

secondary consumer

What is a consumer

a plant or thing that eats things to survive like a wolf or bear they eat things like fish or meat. its like a food chain!

What is the primary concern of economics
  • How society chooses to use its limited resources
What is the definition of basic economic questions

Basic economic questions all deal with scarcity. These type of questions must be asked so that economic decisions will be made that are beneficial.

What could be considered a useful presentation of background research

The results of a previous experiment are presented as an introduction to a new experiment.

Which factor of production directs the work flow of the other three factors

Management

What is the most important tool for analyzing the production distribution and consumption of goods and services

Economic analysis is need for analyzing the production, distribution and consumption of goods. This allows a group or business understand what goods are the most needed and sell the best.

What social and economic system in which classes are abolished and property is commonly controlled

The Communism Economic System

What is a possible secondary effect of buying a new car instead of a used car

less money to spend on entertainment

What happened to the economy of the United states during the decades of the 1950s and 1960s

it experienced sustained economic growth

In what economic system does the government own most of the factories equipment and agricultural lands

State capitalism. In Communism there is no government and no buying and selling.

Which social science studies how populations develop in certain regions based on available resources

geography

In which process in which process this is so you molecules does the cell use a vesicles to move molecules into the cell

cells

Which isn't included in the study of social sciences

the structure and function of human body systems, A+ answers

Which of these describes a market economic system

Economic decisions are based on supply and demand. A+

what- Point P represents which of the following

centroid

Which of the following is an example of a business that provides both goods and services

Clothing store

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