taxes and all that jazz
types of economies
resources
Miscellaneous
Miscelleaneous
100
tax that is measured by the amount of business done - also known as a "sin" tax or a "luxury" tax
What is EXCISE tax?
100
economic system in which resources are allocated by inheritance and has a strong social network. Primitive tools and subsistence farming.
What is traditional economy?
100
Which of the following were NOT found in North America when the Europeans arrived: sugar, peanuts, turkey, fish
What is sugar?
100
an IPOD is a __________(good or service)
What is a good?
100
confidence in a purchaser's ability and intention to pay. Entrusting the buyer with goods/services without immediate payment
What is credit?
200
a tax on receipt from sales; a CONSUMPTION tax
What is Sales Tax?
200
the government controls the economy
What is command economy?
200
a teacher is what type of resource?
What is human resource?
200
a teacher does what - a good or service
What is a service?
200
money you owe
What is a debt?
300
an official list or table showing the duties or customs imposed by a government on imports or exports. A tax on imports and exports!
What is tariff?
300
the type of economy we have in the US
What is capitalism or free market or free competition?
300
a truck is what type of resource?
What is a capital resource?
300
a market in which control over the supply of a commodity is in the hands of a small number of producers and each one can influence prices.
What is an oligopoly?
300
the management of the resources of a community, country, etc.
What is economy?
400
I buy a 1.00 candy bar but it costs me 1.09. What tax did I just pay?
What is sales tax?
400
an economy where you have freedom to produce
What is free competition?
400
petroleum is what type of resource?
What is a natural resource?
400
a characteristic of a pure monopoly
What is contol over the price?
400
a process in which a lot of people live in cities and suburbs
What is urbanization?
500
This tax I pay the government each year. I have to file a return to show what I earned for the year.
What is income tax?
500
who controls the economy in a free market?
What are the producer and the consumer
500
Name five natural resources that were here when the Europeans arrived.
What is land, timber, fish, pelts, sweet potatoes, squash, pumpkins, turkey, peanuts, potatoes, tomatoes, tobacco, beans, vanilla, and peppers.
500
trading goods and services without the exchange of money
What is bartering?
500
Harriet Tubman was this
What is altruistic?
M
e
n
u