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Which innovation/invention has contributed most to the global flow of information, capital, goods, and services?

• Railroads

• Interstate highways

• Shipping

• Internet

• Horses

In the United States economy, what do individuals and businesses give/provide for the government?

• Goods and services

• Resources

• Taxes

• Interest

Which economic concept is illustrated in these drawings?

• Consumer sovereignty

• Profit margin

• Opportunity cost

• Central planning

Which economic factor has most likely determined the price in this picture?

• Capital

• Scarcity

• Demand

• Consumption

Which term completes this economic flow?

• Taxes

• Income

• Savings

• Investment

According to this table, what will happen if the price of a slice of pizza decreases from $2.50 to $1.00?

• Customers will not buy as much pizza

• Profits of pizza makers will increase

• There will not be enough pizza produced

• The cost of producing pizzas will rise

Taxes and borrowed funds are two ways that the government provides -

• Vacations

• Public goods & services

• News conferences

• Bonuses

What is the primary purpose of the United Nations?

• To promote international peace and security

• To regulate global trade

• To control world economies

• To enforce international laws

Which of the following is a characteristic of a democratic government?

• Rule by a single leader

• Free and fair elections

• Government control of media

• No separation of powers

What is the main function of the World Health Organization (WHO)?

• To provide military aid

• To promote health and control diseases

• To regulate international trade

• To enforce international law