stud
bud
Sign up
Log in
Home
Library
Explore
SAT
More
Ch 24: Comparing Political and Economic Systems Flashcards | StudBud
Explore
/
Ch 24: Comparing Political and Economic Systems
Competition
A person who invest his/ her money in land or machinery in a business
Ch 24: Comparing Political and Economic Systems
10 terms
·
StudBud Administration
·
21 plays
# Gov.
Flashcards
10 cards
F
Practice quiz
P
Host live
L
Questions
10
Answers
1
A person who invest his/ her money in land or machinery in a business
Capitals
Captalosist
Capitalist
Captain
2
Competition
Supplies that help customers
This one
The self intrest of a product
Th effort that sellers of similar goods to exert to attract
3
What is entrepreneur?
The basic resources needed for a countries economy
A person who takes a risk on starting a business
A person who invest his or her money in land
Goods that are great supply
4
Profit
Adam Smith
Life of Joseph Stalin
The difference between the revenue received from the sale
To compete and sell the same goods like others
5
What are two Characteristics of Democratic Socialism
Welfare, and reformation
Life of betting your life savings away, and taxtion
Nationalization, and Communism
Social Services and the Welfare State, taxtion
6
If the government owns or controls all of the factors of production what is it called
The popes way
This one definitely
Socialism
Communism
7
Adam Smith published what book
An inquiry into the Nature & Causes of the wealth of Nations
The U.S history book
The company of Holt
The Pope
8
Self interest encourages what?
The fulfillment of an individual's own needs and wants
The animals needs and wants
You to fullfill someone else's needs and want
The reptiles needs and wants
9
Vladimir Lenin died who became the new leader of the Soviet Union
George F Kennan
Adolf Hitler
Joesph Stalin
Karl Marx
10
What are the three Characteristics of Capitalism
Competition & Profit, Joesph Stalin, Soviet Union
Private Ownership, Market Economy, Competition & Profit
Social service, Private Ownership, Welfare State
Nationalization, Communism, Market Economy
