Unit 1
The time period when people hunted animals and gathered plants in order to survive.
What is the Hunter-gatherer era?
A philosopher (professional thinker) that believed people were naturally good and needed a government to protect their rights.
Who is John Locke?
What are all the different Factors of Production and give an example of each.
What is a Human Resource an example is a waitress, teacher, etc.
What is a Capital Resource and example is a car.
What is a Natural Resource and an example is wood from a tree.
limiting the amount of information that people receive, deleting or removing information given to the public
The era when people began to practice agriculture (growing crops and domesticating animals) and permanent homes were built.
What is the Neolithic Revolution?
A philosopher (professional thinker) that believed people were naturally bad and needed a strong leader to control their rights.
Who is Thomas Hobbes?
The point where supply and demand meet.
What is Equilibrium Price?
Digging into the earth to remove minerals.
What is mining?
A period of time when work moved from farms to factories.
What is the Industrial Revolution?
The United States of America is a country with voting rights, a written constitution, equality and separation of powers. The United States is an example of ____________ kind of government because its leaders are restricted and citizens have more freedoms.
What is a limited government?
Individuals or businesses that make and sell goods and services
What is a producer?
the amount of a good or service that producers are willing and able to make/sell
What is supply?
You live near the forest and need a job. Your friend tells you his company has a deforestation job coming up cutting down trees in the forest. The job you would be doing is considered a ___________ to the environment.
What is modification?
North Korea is a country whose government doesn't follow their constitution, has centralized power and restricted rights. This government has no limits to the government and it leaders power and citizens have few freedoms. This is an example of __________ type for government.
What is an unlimited government?
humans have unlimited wants and needs but there is only a certain amount of resources in the world
What is Scarcity?
The act of moving to cities.
What is urbanization?
In England they have a Queen and a royal family. Power in this family is passed down from generation to generation. While they have some input in the government they share power with the English Parliament. This type of government is an example of what?
What is a Limited Monarchy?
Every day, there are 500 students at YPNS who buy their lunch. Burger King decided to sell 500 kids’ meal burgers for $6 each. Only 400 kids have the money buy the burgers. Out of those 400 stuents, only 200 are willing to spend the $6 to get a kids’ meal burger. What is the demand of Burger Kings Burgers?
What is 200?
an excess (extra) amount of a good or service
What is surplus?