Tori
This is the result when too much money is in circulation.
What is inflation?
This global organization was created to maintain international peace.
What is the United Nations?
This is an arrangement provided by an individual's employer for the intent of providing for the employee's retirement from work.
What is a pension plan?
This is an established system of political administration by which a nation, state, society, or organization is ruled.
What is government?
This is based on public and governmental control of the production and distribution of nearly all national resources.
What is Communism?
This is the system that controls the money supply of the United States.
What is the Federal Reserve system?
This was the name of the French group whose members were some of the earliest influential advocates of laissez-faire economics.
Who are the physiocrats?
These are the resources corporations gather by selling ownership in their businesses.
What are stocks?
This practice advocates the stockpiling of gold and silver in the state's treasury.
What is mercantilism?
What is national sovereignty?
This is a system for the production, distribution, and consumption of goods.
What is an economy?
These are the four factors of production.
What are labor, entrepreneurship, natural resources, and capital.
This is a period, usually six months or longer, during which the economy recedes or declines.
What is a recession?
This is the practice of reducing taxes to make more money available for private investment, thereby increasing productivity.
What is supply-side economics?
This can seep into an economy without the majority of people realizing that their foundational freedoms are being dissolved away.
What is socialism?
Along with amount invested and rate of return, this determines how much an investment grows.
What is time?
This term refers to the desire to work in order to improve one's economic situation.
What is the profit motive?
According to the moral from the story of the Golden goose, "Greed consumes the source of..." what?
What is prosperity?
This practice advocates massive public spending during recessions.
What is Keynesianism?
This refers to a loyalty to one's country regardless of moral considerations.
This book was written by Adam Smith.
What is The Wealth of Nations?
This is the quality of producing effectively with a minimum of waste.
What is efficiency?
The Apostle Paul wrote that this was the root of all evil.
What is the love of money?
This regards the entire world as one giant community that should be unified politically and economically.
What is globalism?
This economic system is regulated by the public sector.
What is a command economy?