แผ่นงานCivics SOL Review CE.11
คำถามทั้งหมด: 20
แป้นคำตอบCivics SOL Review CE.11
คำถามทั้งหมด: 20
We have unlimited wants, but our resources are limited.
, b)The goods and services we want exceed our ability to produce them.
, c)Scarcity forces consumers, producers, and governments to make difficult choices.
capital
, d)natural
, e)human
choice
opportunity cost
consumption
production
They pay attention to consumer preferences and available resources.
preference and price
What will be produced?
, d)For whom will it be produced?
, a)How will it be produced?
People often perform the same type of work as their parents and grandparents, regardless of ability or potential.
, b)Economic decisions are based on custom and historical precedent.
private ownership of property and resources
, b)profit motive and competition
, c)consumer sovereignty and individual choice
, e)minimal government involvement in the economy
central ownership of property and resources
, d)centrally-planned economy with little consumer choice
In the public sector, the government is the owner and decision maker.
, d)Most economies today, including the U.S. economy, are mixed economies.
, a)In the private sector, individuals and businesses are the owners and decision makers.
public
private
the extent of government involvement in the economy.
consumer sovereignty
immediate income and experience
entrepreneurship
capital
