World History Review

Which is the best example of an opportunity cost?

• You go for a bike ride on your day off work.

• You miss school because you are sick with the flu.

• You have a business meeting with a potential client.

• You skip a friend’s birthday party to go to a football game.

Which statement best compares a traditional economy and a command economy?

• Economic decisions are based on tradition and culture in a traditional economy, while trade is limited to barter in a command economy.

• Individuals have little control of economic decisions in a traditional economy, while the government owns all of the resources in a command economy.

• Methods for farming, hunting, and gathering change little over time in a traditional economy, while there is no competition to produce goods and services in a command economy.

• Economic decisions are made by the government in a traditional economy, while the government sets the prices of goods and services and distributes them in a command economy.

Read the statement about Mount Vesuvius.

Mount Vesuvius erupted in 79 CE and destroyed the ancient city of Pompeii

Why does the statement not have bias?

• It is based on opinion.

• It is a fair statement of fact.

• It expresses one specific view.

• It exaggerates details of the event.

What is one reason why societies measure time?

• to create new holidays

• to help improve education

• to track religious observances

• to support economic growth

What is a characteristic that is common to all time lines?

• Events are organized by era.

• Events are identified by images.

• Events are placed in chronological order.

• Events are explained by detailed summaries.