stud
bud
Sign up
Log in
Home
Library
Explore
SAT
More
Economic Things Flashcards | StudBud
Explore
/
Economic Things
Economic Things
20 terms
·
StudBud Administration
·
24 plays
Questions about economic systems, sectors and the Industrial Revolution.
Flashcards
20 cards
F
Practice quiz
P
Host live
L
Questions
20
Answers
1
Quaternary people are farmers and oil miners.
True
False
2
George Washington and Alexander Hamilton promoted capitalism
False
True
3
Who is the final boss in Undertale's true pacifist run?
Sans
Asriel Dreemurr
Mettaton EX
Omega/Photoshop Flowey
4
Which country has a socialist economy?
The United States
China
Veitnam
Japan
5
Veitnam, China, and the U.S.S.R are all a part of the communist economy
False
True
6
What is Communism?
The opposite of capitalism
An economy where the state owns all property
An economy where the state owns some property
Capitalism
7
Doctors are a part of the quaternary sector
True
False
8
What is Socialism?
An ecomony where the people are not allowed to speak
An ecomomy where the people own animals
An economy where the power belongs to the government
An economy where the power belongs to the working class
9
Which country has a communist economy?
South Africa
Vietnam
New Hampshire
The United States
10
What is Capitalism?
An economy where production businesses are privately owned
An ecomony where the people eat cake
An economy where a few people own private businesses
An economy where the people don't privately own any businesses
11
The highest form of this ecomony is Laissez-Faire.
Capitalism
Socialism
Communism
Skeletonism
12
In a socialist economy, which of the following is true?
Everybody gets an equal share of money, regardless of job position
There is high risk, high reward
The power belongs to the working class
13
Which job falls under tertiary?
Miner
Teacher
Professor
Banker
14
In a comunist economy, all of the money is split evenly between the people.
True
False
15
The Industrial Revolution started sometime around 1750
False
True
16
Which job falls under the quaternary sector?
Doctor
Farmer
Banker
Social Security worker
17
What are the economic sectors?
Primary, Secondary, Tertiary
Primary, Secondary, Tertiary, Quaternary
Secondary, Fourthinary, Primary
Primary, Secondary, Octogonary, Quaternary
18
Which job falls under a primary sector?
President
Banker
Teacher
Oil Miner
19
What lead to the Industrial Revolution?
The American Revolution
Increased Output Of Products
King George III
The Invention of Virtual Reality
20
Which country has a capilalist economy?
Russia
London
Veitnam
Great Britain
