CE 10B

The picture shows how financial institutions act as intermediaries between savers and borrowers by -

• Discouraging saving and investing

• Receiving deposits and making loans

• Spending money that is deposited

• Charging interest on savings

The buying and selling of goods and services by all nations in a worldwide market is called -

• globalization

• NAFTA

• Interdependence

• Megalopolis

Which action best completes the graphic?

• Sell real estate

• Coin money

• Sell home insurance

• Make loans

True or False: Free enterprise means that markets are allowed to operate without undue interference from the government. Also, prices are determined by supply and demand.

• True

• False

Who became president after Abraham Lincoln was assasinated? (a)  

• Andrew Jackson

• Andrew Johnson

• Ulysses S. Grant

• James K. Polk

Match the economic systems to its characteristics or meaning.

• Customs, family, and historical basis

• Mixed economy

• Centrally owned by the government

• Command economy

• Public and private sectors

• Free Market

• Private sector, profit, and minimal gov.

• Traditional economy

Select the location on the map that was annexed in 1845 which started a major war between the United States and Mexico over disputed territory.

Match the following

• Lexington and Concord

• British army surrendered to Washington

• Battle of Saratoga

• Washington's troops survived brutal winter

• Treaty of Paris

• convinced the French to join the Americans

• Yorktown

• Britain recognizes the independence of The United States of America

• Valley Forge

• first shots of the war

is a system of government in which power is shared between the national and state governments.

• Federalism

• Communism

• Socialism

The​ ________ of the branch of the U.S. Government carries out the law.​ (a)  

• Executive Branch

• Legislative Branch

• Judicial Branch