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Unit 5 How We Organize Ourselves Flashcards | StudBud
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Unit 5 How We Organize Ourselves
Unit 5 How We Organize Ourselves
15 terms
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StudBud Administration
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130 plays
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Flashcards
15 cards
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Practice quiz
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Questions
15
Answers
1
Labor is the workers needed for production.
False
True
2
The central idea is: Economic activity relies on factors of production, exchange and consumption of goods and services.
False
True
3
One factor of production is entrepreneurship.
False
True
4
The acronym "CELL" for the factors of production mean
coin, elevation, level, labor
can, everyone, learn, law
call, elephants, lovely, letters
capital, entrepreneurship, land, labor
5
One factor of production is enter preposition.
False
True
6
One factor of production is labor.
True
False
7
What key concepts are we studying this unit?
function, connection, perspective
responsibility, perspective, causation
connection, causation, responsibility
function, responsibility, connection
8
What approaches to learning are we inquiring this unit?
research, social
social, thinker
research, knowledgeable
communication, courageous
9
What is the title of our new unit?
How we fix ourselves
How we help ourselves
How we care for ourselves
How we organize ourselves
10
Labor is the money needed for a business.
True
False
11
One factor of production is land.
False
True
12
What is our first line of inquiry?
Consumption of goods
The role of supply and demand
Our responsibility as consumers
Factors of production
13
Capital means money.
True
False
14
One factor of production is capital.
True
False
15
What are the two learner profiles for unit five?
principled, caring
balanced, open-minded
knowledgeable, inquirer
thinker, courageous
