culture
What is the capital of france
paris
Resources that can be replenished naturally, such as sunlight, water, and air.
Renewable
What is the basic economic problem? The basic economic problem arises because
human wants are unlimited while resources are limited.
Where is paris
france
usa gov
democracy
Capital of italy
rome
Resources that take millions of years to form and cannot be replenished quickly, like coal, oil, and natural gas
Nonrenewable
What is opportunity cost?
Opportunity cost is the value of the next best alternative foregone when making a decision.
What continent is vietnam in
asia
No rules free for all
Anarchy
Capital of UK
london
Renewable tool
water
What are the three fundamental economic questions that every society must answer
They are what to produce, how to produce, and for whom to produce
what continent is turkey in
europe
kim jung un is
dicatorship
Which country is known for having the most UNESCO World Heritage Sites
Italy
Nonrenewable tool with bones
fossil fuels
How does a mixed economy differ from a market economy
A mixed economy combines elements of both market and command economies, allowing for both private and government involvement in economic decision-making.
what contienet is costa rica in
north america
What is a parliamentary system
This type of government features a system where the executive branch derives its democratic legitimacy from, and is directly accountable to, the legislature
Capital of norway
oslo
They are vital for industries, agriculture, and energy production.
Economic value
What are the 2 main economys
mixed and market
what continent is bosnia and herzegovina in
europe
What is an oligarchy?
This system of government features a head of state who is separate from the head of government.