What is vertical integration?

Owning every step in a production line

What is horizontal integration?

Owning all of the same level of production

Wealth that can be used to produce more goods / services

Decreased purchasing power, Increased costs

Which of the following describes a healthy business cycle?

Expansion; Peak; Recession; Trough

What is the market capitalization?

The total value of all of a company's outstanding shares

Average of 4,000 different companies

An economic bubble is...

Excessive investment in a market such as stocks or housing

An average of the stock prices of 30 companies, An indication of the health of the market

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Economics!

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Social studies economics

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Questions 25

Answers

1
What is vertical integration?
Owning all gum companies in a town
Owning every step in a production line
Owning a monopoly
Climbing the economic ladder
2
What is horizontal integration?
Owning all of the same level of production
Moving laterally from business to business
Owning every step in the production of a good
Investing in a lot of the same companies
3
Who is a consumer?
The hot dog contest winner
The buyer
The seller
Pac Man
4
8+ quarters of economic downturn characterizes...
Depression
Deflation
Inflation
Recession
5
What is Capital?
The total value of all goods+services produced in a country
Wealth that can be used to produce more goods / services
Washington D.C.
The letter "A" as opposed to "a"
6
The cost charged for the privilege of borrowing money
Interest
Capital
Bond
Stock
7
What is Inflation?
Decreased purchasing power
Decreased costs
Increased costs
Increased purchasing power
8
What is a share?
A yearly dividend
A single piece of stock
Sharing is caring
A single bond
9
This market system is unregulated, and the economy runs freely
Laissez Faire
Command Economy
Mixed Economy
Communism
10
Which of the following describes a healthy business cycle?
A lack of movement in the economy
Sudden Peaks + Troughs
Trough; Peak; Recession; Expansion
Expansion; Peak; Recession; Trough
11
This is ....
The recession of 2009
The Great Depression
Bull Market
Bear Market
12
The workers protesting outside the Triangle Shirtwaist Factory is an example of...
Command Economy
A Depression
An economic bubble
A strike
13
What is the market capitalization?
A monopoly
The total value of all of the money in a country
The total value of a country's GDP
The total value of all of a company's outstanding shares
14
A Mortgage is...
A 30 year dividend
A loan for your house
A loan for your car
The result of speculation
15
12+ quarters of reduced national output
Bear Market
Depression
Bull Market
Recession
16
When the purchasing power of your money goes up, and the price of goods goes down
Deflation
Inflation
Recession
Depression
17
This economic system is characterized by some government regulation
Laissez Faire
Capitalism
Command Economy
Mixed Economy
18
What is the NASDAQ?
Average of 30 different companies
Average of 4,000 different companies
WAll Street
Average of 50 different companies
19
An economic bubble is...
When mortgages reach an all time low
Excessive investment in a market such as stocks or housing
Characterized by economic downturn
Always indicative of a Depression
20
This stock trend is...
Positive
Mountainous
Flat
Negative
21
Investment in stocks with the hope of gain but the risk of loss
Speculation
Gambling
Economic Bubble
Mortgage
22
A bond is a loan to...
The government
A corporation
The people
A town
23
The exclusive possession of the supply of a good or service
Horizontal Integration
Monopoly
Vertical Integration
Consolidation
24
Dow Jones?
An average of the stock prices of 30 companies
The father of economics
Shows definitively when there will be a recession
An indication of the health of the market
25
What is this?
A Mixed Economy
Bear Market
Bull Market
A Depression

Economics! Flashcards | StudBud