Govt/Econ review

People relying on each other for a need

people have the most rights

Resource prices

least amount of rights

The term “productive resources” means:

An inefficient supply of something

When the quantity supplied and demanded are equal

The producers in a market affect the

power obtained through force

Goods brought for sale to the United States from other countries are known as:

A single leader has complete control- ultimate authority-use of force

Iron ore, minerals, and plants are examples of which productive resource?

a decrease in supply or demand shifts the curve to the

Neighbor's opinion

an increase in supply or demand shifts the curve to the

the supply curve goes

news report

artifact

consumer income

technological changes

A newspaper editorial

seller of goods and services

As the supply of a product increases, the price

price of other products in the firm

The consumers in a market affect the

God or divine being ultimate control-may exist with other govt. forms

debate

power obtained through inheritance

price of related goods and services

the demand curve goes

Producing a good or service more efficiently than others

yard sign

The buying and selling of goods

determines the price of a good or service

buyer of goods and services

power obtained through the election of the people

television commercial

number of consumers

king or queen rules

citizens hold the power; they may elect leaders