final review

final review

Assessment

Flashcard

Social Studies

12th Grade

Hard

Created by

Wayground Content

FREE Resource

Student preview

quiz-placeholder

45 questions

Show all answers

1.

FLASHCARD QUESTION

Front

The ability of a nation to produce more total units of a good or service

Back

Absolute Advantage

2.

FLASHCARD QUESTION

Front

Economic system where the 3 economic questions are answered by the government

Back

Command Economy

3.

FLASHCARD QUESTION

Front

The ability of a nation to produce a good or service at a lower opportunity cost

Back

Comparative Advantage

4.

FLASHCARD QUESTION

Front

Guide the decision making process of the manufacturer/producer/provider of goods & services:

Back

Economic Questions: What, How, For Whom

5.

FLASHCARD QUESTION

Front

The resources required to create a good or service.

Back

Factors of Production: Land, Labor, Capital, Entrepreneurship

6.

FLASHCARD QUESTION

Front

Knowledge or skills of how to do something obtained through life experience, training, education, and/or other methods of learning

Back

Human Capital

7.

FLASHCARD QUESTION

Front

Economic system in which the 3 economic questions are answered by consumers and producers

Back

Market Economy

Create a free account and access millions of resources

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Classlink

Continue with Classlink

Clever

Continue with Clever

or continue with

Microsoft

Microsoft

Apple

Apple

Others

Others

By signing up, you agree to our Terms of Service & Privacy Policy

Already have an account?