This is a type of government where all power is held by the national government.
What is Unitary Government
100
What is the law of demand?
What is the amount of an item that buyers are willing and able to purchase at any and all prices.
100
This is a person who organizes and operates a business, taking on a greater financial responsibility then normal.
What is an entrepreneur
100
This is what companies use to sell products, reach specific audiences and increase their sales
What is propaganda
100
May 5th marks what holiday celebrated primarily in Mexico?
What is Cinco De Mayo
200
This person controls the government and rules with absolute power.
What is a Dictator
200
What is the market price (think of equilibrium)
What is the point at which the supply curve and demand curve intersect.
200
When talking about economics, SWOT analysis stands for what phrase?
What is Strengths, weaknesses, opportunities and threats.
200
This is a type of propaganda, "everybody-at least all of us-is doing it" is a typical phrase you might hear.
What is Bandwagon
200
People born in may are said to have this birthstone.
What is the emerald
300
In today's society, when talking about monarchies Queen Elizabeth and Prince Harry are considered what.
What are Constitutional monarchies.
300
This is where more of an item will be offered for sale at a higher price than at a lower price.
What is the Law of Supply
300
A business owned and run by one individual is called this.
What is a sole proprietorship
300
Someone you respect (or dislike) appears on your television promoting something, or talking against a person/product. This is a form of what propaganda?
What is Testimonial
300
May is the fifth month of the year. In early Roman time, it wasn't. On early Roman calendars it was actually what month of the year?
What is the third month of the year.
400
What should an individual include in a marketing plan? (include multiple parts)
What is the location, type of market the company expects to reach, the potential demand and how the company plans to advertise and price its product or service is
400
When looking at a graph, does a supply curve up or down?
What is it curves up
400
We read about two advantages of Sole Proprietorship, name just one. BONUS 500 points for naming both.
What is Ease of operations AND potential profits.
400
A commercial of puppies being beaten, or dying in a shelter is promoting what kind of propaganda?
What is Emotional Appeal
400
This day marks an important day every may. If you're a jockey, you'll know this day well.
What is the Kentucky Derby
500
Before a bank will lend a person/persons money for a business loan, what document needs to be given to the bank?
What is a business plan
500
In economics, what is sovereignty?
What is the power or freedom to have the final say?
500
Our text covered four disadvantages to running a Sole Proprietorship business, list two. (if able to list all 4 bonus 500 points)
What is Limited life, limited funds, limited abilities and unlimited liability.
500
In class, we learned about 7 (or 8) types of propaganda. What are they?
What is Transfer, Plain Folks, Bandwagon, Glittering Generality, Testimonial, Name Calling and Card stacking (also Common Emotional Appeal)