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Industrial Revolution - CKHG Ch. 6 Flashcards | StudBud
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Industrial Revolution - CKHG Ch. 6
Industrial Revolution - CKHG Ch. 6
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StudBud Administration
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6th Grade Social Studies
Flashcards
10 cards
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Practice quiz
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Questions
10
Answers
1
"Laissez-faire" is a French term that means:
"let's go to the fair"
"the lazy make it fair"
"to lay about in wait"
"to let happen"
2
Supply and Demand is how the goods/services available compares with the people that want to buy.
True
False
3
Adam Smith believed profit should be used to make more profit.
False
True
4
Adam Smith believed in a free market where it would manage itself.
False
True
5
What word means the breakdown of work into specific tasks performed by different people?
division of labor
workers union
assembly line
piece by piece
6
The study of the management of money and resources is known as:
banking
budgeting
economics
government
7
What book did Adam Smith publish in 1776?
The Wealth of Nations
Economics and Civil Rights
Cat in the Hat
Adam Smith's Biography
8
Civil Rights are rights only for the rich.
False
True
9
Adam Smith was born where?
Ireland
Scotland
Australia
China
10
Adam Smith helped spread mercantilism and industrialization.
True
False
