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Published byMaximilian Calvin Pierce Modified over 6 years ago
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Economics A
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Economics A
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Economics B
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China
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Government B
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Economics – New or Old
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Economics A Economics A Economics B Government A China New/Old $100 $100 $100 $100 $100 $100 $200 $200 $200 $200 $200 $200 $300 $300 $300 $300 $300 $300 $400 $400 $400 $400 $400 $400 $500 $500 $500 $500 $500 $500
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Individual buyers/sellers Make decisions and consumption
1-100 Economy in which Individual buyers/sellers Make decisions and consumption $100
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1-100A Market or Capitalism Note: You must resize the transparent “Action Button” that covers the entire screen, before you can edit the text! This is true for all “answer” slides. $100
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Makes most decision about
1-200 Economy in Which the government Makes most decision about Buying and selling. $200
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1-200A Command $200
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Limited resources, Unlimited wants
1-300 Limited resources, Unlimited wants $300
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1-300A Scarcity $300
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Economy based on trading, Customs, where no exchange
1-400 Economy based on trading, Customs, where no exchange Of currency is involved $400
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1-400A Traditional $400
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At the lowest possible cost
1-500 Using the ability of On country or company To produce a product At the lowest possible cost $500
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1-500A Absolute Advantage $500
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The United State’s economy
2-100 The United State’s economy $100
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2-100A Mixed $100
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A person’s level Of material well- being
2-200 A person’s level Of material well- being $200
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2-200A Standard of Living $200
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Production of fewer goods
2-300 Concentration of Production of fewer goods $300
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2-300A Specialization $300
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Being mutually Dependent on other Countries for trade
2-400 Being mutually Dependent on other Countries for trade $400
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2-400A Inter- dependence. $400
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The term that Describes what you Lose when choose On resource for
2-500 The term that Describes what you Lose when choose On resource for another $500
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2-500A Opportunity Cost $500
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The national Banking system Created in 1913 Controls money supply
3-100 The national Banking system Created in 1913 Controls money supply $100
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3-100A Federal Reserve $100
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Promise to pay them in the future.
3-200 The purchase of goods in the present with the Promise to pay them in the future. $200
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3-200A Credit $200
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Efforts to Restrict imports In order to protect Domestic products.
3-300 Efforts to Restrict imports In order to protect Domestic products. $300
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3-300A Protectionism $300
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A downturn in the Business cycle for 6 Consecutive months
3-400 A downturn in the Business cycle for 6 Consecutive months $400
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3-400A Recession $400
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Laws passed to Prevent monopolies
3-500 Laws passed to Prevent monopolies $500
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Anti-trust legislation
Anti-trust legislation $500
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a country whose government and
4-100 a country whose government and "command" and "control" over its economy and people $100
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command-and-control state
command-and-control state $100
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basic unit of currency in China
4-200 basic unit of currency in China $200
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4-200A yuan. $200
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increased manufacturing production in low
4-300 increased manufacturing production in low -wage countries for export to high wage $300
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low-wage manufacturing
low-wage manufacturing $300
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referring to a member of the working class
4-400 referring to a member of the working class who performs manual labor and earns an hourly wage $400
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4-400A blue-collar $400
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4-500 China’s e-bay $500
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at 4-500A Alibaba. $500
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The type of Democracy the United States has
5-100 The type of Democracy the United States has $100
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Presidential Or Representative
Presidential Or Representative $100
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The type of Democracy Great Britain has
5-200 The type of Democracy Great Britain has $200
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Constitutional Monarchy
Constitutional Monarchy $200
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Word describing Society’s acceptance Of the government’s
5-300 Word describing Society’s acceptance Of the government’s Right to rule. $300
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5-300A Legitimacy $300
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Democracy based on what
5-400 The roots of Democracy based on what Movement (1700s) $400
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5-400A Enlightenment $400
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Form of Government That asserts most control.
5-500 Form of Government That asserts most control. $500
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5-500A Totalitarianism $500
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6-100 Adam Smith $100
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6-100A Old $100
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More government in economy
6-200 More government in economy $200
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6-200A New $200
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India has more US manufacturing
6-300 India has more US manufacturing $300
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6-300A New $300
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US global economic control
6-400 US global economic control $400
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6-400A Old $400
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Large US debt Owed to China
6-500 Large US debt Owed to China $500
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6-500A New $500
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