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8th Grade, Unit 1 - Introduction to the Social Sciences Flashcards | StudBud
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8th Grade, Unit 1 - Introduction to the Social Sciences
8th Grade, Unit 1 - Introduction to the Social Sciences
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#parkcitymagnet #pcm #pcmhistory Unit 1 - Introduction to the Social Sciences
Flashcards
26 cards
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Questions
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Answers
1
System when people are free to start business or buy things with little government interference
Cash Economy
Budget
Command Economy
Free Enterprise System
2
A shortage of a certain item or product
Consumer
Labor
Scarcity
Profit
3
People who do work. It drives a free-market economy
Entrepreneur
Labor
Cash Economy
Consumer
4
A plan of how to spend money based on an estimate of how much money will be made
Budget
Credit
Profit
Free Market
5
An economic system directed by the supply and demand of buyers instead of government control
Archeology
Cash Economy
Free Market
Command Economy
6
The study of human beings and how their traditions, values and behaviors have changed over time
Archeology
Anthropology
Political Science
Supply and Demand
7
The study of human group behavior
Psychology
Anthropology
Civics
Sociology
8
Leftover goods that exceed consumer demand
Surplus
Scarcity
Profit
Supply and Demand
9
An economic system which uses currency as a basic unit of value
Economics
Command Economy
Free Enterprise System
Cash Economy
10
A person who trades something of value for something they need or want
Budget
Import
Consumer
Entrepreneur
11
The study of individual human behavior
Anthropology
Sociology
Psychology
Social Science
12
Study of the rights and responsibilities of citizens in a Republic
History
Political Science
Sociology
Civics
13
Any income received from an investment or a sale after all expenses have been subtracted
Scarcity
Profit
Credit
Surplus
14
The study of how people and societies create law and order
Political Science
Labor
Economics
Civics
15
An important right in a free society. Items of value which belong to private citizens
Free Market
Free Enterprise System
Private Property
Capital
16
Items for sale to consumers which are shipped from foreign countries
Surplus
Export
Import
Capital
17
Government completely controls the economy. People have no freedom to own business or property
Free Market
Command Economy
Economics
Free Enterprise System
18
The study of trade, wealth and value
Economics
Entrepreneur
Capital
Cash Economy
19
A person who invests time and money into a business venture with the hope of making a profit
Entrepreneur
Private Property
Consumer
Barter
20
The positive value of an account, OR, a payment made into an account
Credit
Surplus
Capital
Export
21
The 6 Social Studies applied to study a certain person or place at a certain time in the past
Free Market
Geography
Political Science
History
22
To trade services or things for other services or things without using money
Barter
Surplus
Budget
Credit
23
The value of items or cash is based on how much of it is avaiable, and how badly it is needed
Command Economy
Supply and Demand
Economics
Credit
24
The total value of all property and cash belonging to a person or business
Capital
Profit
Scarcity
Surplus
25
Items produced which are sipped to foreign countries for a profit
Surplus
Export
Barter
Import
26
Any subject which focuses on the study of human relationships
Geography
History
Social Science
Scarcity
