stud
bud
Sign up
Log in
Home
Library
Explore
SAT
More
Subarea II: Government and Economics Flashcards | StudBud
Explore
/
Subarea II: Government and Economics
Subarea II: Government and Economics
60 terms
·
StudBud Administration
·
1 play
9SST
Flashcards
60 cards
F
Practice quiz
P
Host live
L
Questions
60
Answers
1
What system of government is used in modern-day France and Great Britain?
Federal
Confederate
Unitary
2
The inability to satisfy all wants is?
Opportunity Cost
Production
Price
Scarcity
3
The land which the school is on is an example of this type of resource
Natural
Human
Capital
4
Under which system of government is power shared between local and national governments?
Confederate
Unitary
Federal
5
Goods and services that are essential (important) for life are referred to as
Price
Opportunity Cost
Needs
Wants
6
A government in which one person has unlimited authority?
Monarchy
Dictatorship
Theocracy
Autocracy
7
Leader often shares power with other parts?
Democracy
Anarchy
Monarchy
Oligarchy
8
The group with power can be based on race or social class?
Monachy
Oligarchy
9
Led by a King or Queen?
Anarchy
Oligarchy
Monarchy
Democracy
10
What system of government is made up of a loose union of independent states?
Confederate
Federal
Unitary
11
Democracy where citizens elect others to serve the government?
Representative Democracy
Direct Democracy
12
What person is MOST associated with a Command/Communist Economy?
Adam Smith
Karl Marx
13
What you give up after the choice is made?
Price
Production
Choice
Opportunity Cost
14
Which ideology best completes this graphic organizer?
fascism
democracy
capitalism
socialism
15
"A way of deciding what to produce and how it is distributed." This is a definition of ...
communism
capital
economic system
bartering
16
Nobody in charge?
Dictatorship
Anarchy
Theocracy
Oligarchy
17
God and religious law are the government's authority?
Dictatorship
Oligarchy
Anarchy
Theocracy
18
Citizens often have no rights?
Monarchy
Oligarchy
Anarchy
Dictatorship
19
The combining of all resources to makes goods. Availability and preference determine _________?
Choice
Price
Production
Consumption
20
Which system of government gives the greatest power to a central or national government?
Unitary
Confederate
Federal
21
What type of government is depicted in the cartoon?
Communism
Democracy
Parliamentary
Oligarchy
22
What system of government best describes the United States today?
Confederate
Unitary
Federal
23
Which of these was our historical example of a Market/Capitalist Economy?
France during the Industrial Revolution
Soviet Union under Communism
U.S. during the Gilded Age
Feudalism in Europe
24
A system where people run the country, usually by electing their own government?
Absolutism
Communism
Democracy
Dictatorship
25
What type of economic system is totally controlled by the government?
Traditional Economy
Command/Communist Economy
Mixed Economy
Market/Capitalist Economy
26
Things used to motivate you to purchase something?
Capital
Recources
Incentives
Opportunity Cost
27
Under which system of government is power shared between local governments?
Unitary
Confederate
Federal
28
A small group rules the country?
Dictatorship
Autocracy
Monarchy
Oligarchy
29
People do not answer to any leader or government?
Dictatorship
Anarchy
Oligarchy
Monarchy
30
What economic system is about freedom and choice to use money and resources however you want?
Mixed Economy
Traditional Economy
Market/Capitalist Economy
Command/Communist Economy
31
What type of economic system is based largely on agriculture and trading of goods and services?
Traditional Economy
Command/Communist Economy
Mixed Economy
Market/Capitalist Economy
32
What person is MOST associated with a Market/Capitalist Economy?
Adam Smith
Karl Marx
33
What type of resource is a school building?
Capital
Natural
Human
34
Which type of government can exist with other forms of government?
Democracy
Anarchy
Theocracy
Dictatorship
35
Which type of economy BEST allows some people to become very rich while others may be poor?
Traditional Economy
Command/Communist Economy
Mixed Economy
Market/Capitalist Economy
36
The World Trade Organization (WTO), NAFTA, & EU all share the primary goal of
developing regulations to preserve the environment
encouraging trade & lowering trade barriers
increasing economic aid to developing nations
promoting space exploration and maintaining satellites
37
What type of resource would a teacher be classified as?
Human
Scarcity
Natural
Capital
38
What other word can be used for monarch?
Sovereign
President
Official
Commander
39
What system of government best describes the United States under the Articles of Confederation?
Confederate
Federal
Unitary
40
Which event had the greatest influence on the development of laissez-faire capitalism?
invention of the printing press
Green Revolution
fall of the Roman Empire
Industrial Revolution
41
What must a country have in order to be a monarchy?
President
King or Queen
Elections
Flag
42
Most countries in the world today are what type of economic system?
Market/Capitalist Economy
Mixed Economy
Command/Communist Economy
Traditional Economy
43
What system of government is suggested by this image?
Confederate
Unitary
Federal
44
Production of goods and services (Capital, Human, Natural and Entrepreneurship)
Price
Resources
Consumption
Cost
45
Which of these is a market?
Amazon
Walmart
Dollar General
All the above
46
Which political system did Lenin, Hitler, and Mussolini establish in their countries?
representative democracy
constitutional monarchy
totalitarianism
theocracy
47
What system of government is suggested by this image?
Federal
Confederate
Unitary
48
Democracy where citizens participate in lawmaking themselves?
Representative Democracy
Direct Democracy
49
A state run by a small group of people?
Democratic State
Oligarchy
Dictatorship
Republic
50
Which of these was used as our historical example of a Traditional Economy?
U.S. during the Gilded Age
Feudalism in Europe
Soviet Union under Communism
France during the Industrial Revolution
51
Citizens vote to elect their leaders?
Dictatorship
Democracy
Oligarchy
Monarchy
52
The use of goods and services.. Ex: We eat food and drink water
Incentives
Production
Choice
Consumption
53
Cell phones are a _______ resource
Capital
Human
Natural
54
A state that does not have a monarch (King or Queen)?
Fascist State
Oligarchy
Anarchy
Republic
55
What type of economic system is BEST represented by this picture?
Traditional Economy
Mixed Economy
Market/Capitalist Economy
Command/Communist Economy
56
A state ruled by a government who have unlimited power and have taken control by force?
Oligarchy
Dictatorship
Monarchy
Communism
57
What word is used to describe a state where there are no rules?
Democracy
Republic
Anarchy
Fascist State
58
Amount of resources willing to buy for a price vs. the amount its being sold for is?
Price
Scarcity
Supple and Demand
Production
59
Which policy is a country using when it tries to establish a favorable balance of trade?
outsourcing
transmigration
mercantilism
embargo
60
What is the oldest types of economic system?
Traditional Economy
Mixed Economy
Market/Capitalist Economy
Command/Communist Economy