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Key American Documents
Characteristics of Free Enterprise
The Role of Profits and Losses
Amendments
Miscellaneous
100
The year the Declaration of Independence was written
What is 1776
100
This system is used by the United States
What is Free Enterprise System
100
The goal of a business is to make this
What is a profit or money
100
This amendment says the government needs a good reason to search citizens or take property
What is the 4th Amendment
100
What restaurant, started by two brothers, is a world wide success and example of economics in the united states
What is McDonald's
200
The Declaration of Independence stated that these cannot be taken away
What are natural rights
200
People in a free enterprise system enjoy a freedom of this
What is Choice
200
This cost is a cost that stays the same.
What is fixed cost
200
The 14th amendment was added in this year
What is 1868
300
This document, a plan of government explains to the people how to run the government and gives us rights
What is the Constitution
300
This word is a term when many companies want your business
What is competetion
300
This term includes all the money taken by a business
What is revenue
300
The 14th amendment says a person cannot be deprived of life, liberty, or property without what process
What is due process of law
300
This term means a formal change in the Constitution
What is Amendment
400
This person is considered the "father of the Constitution"
Who is James Madison
400
The government makes law to protect citizens against businesses from what term for unfair treatment
What is discrimination
400
Fixed costs are also called this term
What is overhead
400
This Amendment explains when the government can take property
What is the 5th amendment
400
For every 10 restaurant that open in the United States, this many fail?
What is nine
500
What are the first ten amendments collectively called
What is the "Bill of Rights"
500
This economic term means giving another person something and getting something back.
What is transfer
500
Andrew Carnegie gave away about this much money after he retired
What is about a half billion dollars
500
These people work to find out whether a new product or service will sell
What are Market Researchers