Social 10 Unit 2 Review

Saskatchewan's economy is best described as a ___________ economy.

A political and economic system where the government has total control of everything produced and all profits.

What are the specific factors of production used to generate wealth?

The National Policy marked the beginning of Tariffs which limited ________ trading activity

______ is the result of accumulating goods & services by combining human & non-human factors of production.

Which is NOT one of the things First Nations were told to learn to be economically successful?

A political and economic system where the community runs the economy.

Treaties were signed with __________ to ensure the West could be settled "peacefully"

Standard of living is a measure of the ______ and ______ of goods and services available.

The National Policy declared __________ would focus specifically on producing grain.

Which is NOT a foundational principle of Capitalism?

Which is NOT criteria the Prairie Pioneers considered part of a better standard of living?

Who owns most of the land and means of production in the Capitalist system?

Almost all behaviour in Capitalism is motivated by______

Which would be a belief of a Socialist?

A tax or duty to be paid on a particular class of imports or exports.

Communists often believe that Capitalism creates...

What are used to produce the goods and services that drive an economy?

Which is NOT a belief that brought Immigrants to the Prairies?

Choosing one way of "spending" resources means losing the chance to "spend" others. This is called...

An economy that uses some capitalist and some socialist principles.

Which one was not created by Prairie people to have their voices heard in Ottawa?

This event left Prairie First Nations farmers with way less than European farmers.

Capitalism expanded in Canada when ________ moved to the prairies.

This is what happens when needs and wants exceed the limited resources available.

The early prairie economy was oligopolistic because...

Our ______________ helps us figure out the best economic system to meet our own needs.

The Plains First Nations people became farmers because ________.

An economic system in which individuals or corporations own land and means of production

How do you correctly spell my name?

Capitalism is mostly based on the idea of Individual __________