Intro: Chapter 4: The Global Economy

A law that protects your control over the creative work you make so that people must get your permission before they copy, share, or perform your work.

• Creative Work

• Copyright

• Creative Commons

• License

Tags

CCSS.RI.3.5

CCSS.RL.4.1

CCSS.RL.5.1

CCSS.RL.9-10.9

Copying, “lifting,” or making slight changes to some or all of someone else’s work and saying you created it.

• Plagiarize

• Public Domain

• Piracy

• Fair Use

Tags

CCSS.RI.3.5

CCSS.RL.4.1

CCSS.RL.5.1

CCSS.RL.9-10.9

Choose the correct definition of Patent :

• A patent is an exclusive right granted for an invention, which is a product or a process that provides, in general, a new way of doing something, or offers a new technical solution to a problem. 
• Permit the owner to “include” others from making, using, selling, offering for sale, and importing a product or service embodying the invention.
• Permit the owner to “exclude” others from making, using, selling, offering for sale, and importing a product or service embodying the invention.

Imagine a footballer sets up his own company to sell his own range of clothes. What type of intellectual property can he use to show that the clothes are made by his company?

• copyright
• geographical indications
• patents
• trademarks

All of the following are how government acts as a business EXCEPT

• Buy goods and services

• Employ workers

• Raising Revenue

• Borrowing money

• The government acts a business in all of the ways listed above

When you lend money to the government when you

• deposit money in your bank

• buy a municipal bond

• open a checking account

• pay taxes

What is the major source of income for the government

• sales

• income taxes

• property taxes

• loans

Who employs over 16% of the workforce in the US?

• Amazon

• The Auto Industry

• The U.S. Government

• Pratt & Whitney

Which of the following two ways does the government protect its citizens? (There is more than one correct answer)

• protects intellectual property rights

• pays for military protection

• has agencies to oversee business practices regarding safety and employment laws

Contracts must contain all of the following in order to be valid. (select all that apply)

• an agreement between parties

• must be of legal age

• must be legal

• must be written