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Economics Flashcards | StudBud
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Economics
Economics
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Questions
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1
What is a good?
something you buy
Incas
an action someone does
verb
2
What is voluntary trade?
change
exchange
barter
to exchange with someone because they have what you want
3
What is the name of U.S. money?
Dollar
Dinero
Europa
Yin
4
Why was the New England Colonies founded?
Warm climate.
Religious freedom.
Rich soil.
Spread of government.
5
Paying someone to do something for you is called a what?
service
action
verb
producer
6
What is entrepreneurship?
Washing hair at a salon.
Inventing a new product.
Waitress at Applebee's.
Working for a chicken plant.
7
What is the name of the national legislative branch?
Georgia
Judicial
GGA
Congress
8
What is the job of human resources?
provide money
provide more people
provide life change
provide labor
9
What was the relationship between the Native American Indians and large landowners?
Trade
They were forced off their land by the Europeans
10
The Inuit Indians home was made of____and made into_____.
clay, teepee
animal skin, wool
snow, igloos
wood, grass
11
What are 2 ways to practice being a good citizen?
Play with friends.
Going to the movies.
Delivering food to the elderly.
Going with friends to pick up trash over the weekend.
12
What is the longest mountain range in America?
Himalayan Mountain
Appalachian Mountains
Andes Mountains
Rocky Mountains
13
What region was named "America's Breadbasket"?
Mid-Atlantic Region
Eastern Region
Southern Region
New England Reegion
14
What kept early European explorers from finding the Northwest Passage?
Thunderstorms
Extreme cold weather
Too much rain
Hurricanes
15
Southern Colonies believed their geography and climate allowed them to do what?
grow cash crops
whaling
mine gold and silver
build ships
16
Goods can be touched and are nouns.
True
False
17
Why Plains Indians make moveable shelters like teepees?
it allowed to trade with Europeans
to allow them to follow animal herds they relied on for resources
it allowed them to pack up quickly because of the weather
it allowed them to travel between farms
18
Can producers and consumers work without each other?
maybe
no
probably
yes
19
What do we call it when producers and consumers depend on each other?
Co-dependence
Dependence
Independence
Interdependent
20
What do you call a person who sells goods and services?
economy
voluntary trade
producer
consumer
21
Choose 3 that are capital resources.
Farmer
Shovel
Factory
Tractor
22
Is coal (coal mine) a natural resource?
yes
maybe
no
probably
23
What is a consumer?
apple
someone who buys goods and services
services
haircut
24
What area would American Indians would have built homes out of adobe?
East West
North South
Deserts of the Southwest
Northeast
25
What is the responsibility of the federal judicial branch?
Enforce the law.
Give military order.
Face the president.
Make sure new laws are constitutional.
26
What are the three branches of government?
Secretarial
Executive
Legislative
Judicial
27
The governor works at what level of government.....
Local
Federal
National
State
