Not quiet sure Flashcards
A market where only a few firms compete against each other is known as:
oligopoly
Japan and Germany, although being badly damaged in World War II, have since grown to be among the strongest economies in the world. All of the following have attributed to their growth, except:
oversupply of exports from decreased consumerism
An early winter frost destroys a large portion of the American tomato crop, drastically reducing supply, resulting in an _______ in price and a __________ in quantity demanded.
increase; decrease
Which of these is NOT a basic function of money?
means of deferred payment
The large and sustained growth in China’s GDP over the last twenty years indicates what about the Chinese economy and its place in the world?
China is increasing economic output and becoming a more influential power on the world stage.
Prior to European contact, Native Americans along the eastern seaboard lived in what type of settlement?
settled tribal communities
The Civil Rights Act of 1964 had what effects?
It encouraged desegregation of schools.
It outlawed discrimination by public accommodations (theaters, hotels, restaurants, etc.).
A United States citizen gathers friends who share her view and host a peaceful protest in front of their state government building. This is an example of exercising her right to:
freedom of assembly.
Which of the following most accurately describes the structure of the United States government?
a representative democracy
Which President is commonly considered the architect of the Great Society?
Lyndon Johnson
What are examples of competitive free-market economies?
the United States
Great Britain
Which of the following types of maps shows a detailed and accurate graphic representation of natural features of the ground?
topographic
Which of the following best identifies a major outcome of the Treaty of Guadalupe Hidalgo?
The United States gained territory previously held by Mexico.
The Second Amendment guarantees which of the following rights?
the right to bear arms
The free-enterprise system as it operates in the United State is characterized by all of the following features:
low barriers to entry.
market competition.
competitive prices.