GCS Econ 2020

What municipal areas exploded in the 1950’s?

The definition of scarcity is unlimited wants and unlimited resources.

The state with the highest GDP is

What economist provided FDR with the ability to get the US out of the Great Depression?

The way society uses limited resources is known as:

When did the US stock market crash happen?

What is a freeloader?

The willingness and ability to buy something is known as demand?

The USA has the largest economy because it has the most people?

What is the difference between consumer products and industrial products?

What President in the early 80’s assisted in improving the US economy?

An investment/stock is ownership of part of a company.

Which of the following is a quality of life indicator?

What are the three economic questions?

What type of economy has become popular since the fall of the Soviet Union (and communism)?

What is a stock?

What is opportunity cost?

When was the corona virus found in the US?

Freeloaders spend a lot of money.

When the stock market is low its called a:

What’s the difference between a bull and bear market?

Who was the president that assisted in improving the economy in the 80s?

Where and when did the first stock market start in the US and what agreement did it determine?

What might allow the Stock Market to rebound (or go back up) if it has experienced a period of decline?

What is inflation?

The cost of choosing one thing over another is known as:

What is a freeloader?

What is Opportunity Cost?

If You have had Covid before will the vaccine be worth it?

Who does the Lorax speak for?

What were the names of the shanty towns that people lived in during the great depression?

How many countries comprise the European Union?

Which is not one of the three credit monitoring companies?

After getting your identity stolen, what is the FIRST thing you should do?

What is Opportunity Cost?

What three types of spending enhanced the American economy in the 1950’s?

What additional benefit did America’s success have in the 1950’s experience?

If your identity is stolen, what is the first step you should take to protect your identity?

What is scarcity?

What is a bullish stock market?