This is a place where people with similar needs and wants can purchase a company's products.
What is a market
100
This utility deals with making products
What is form utility?
100
This is the kind of economy the U.S. has
What is a mixed economy?
100
This is the kind of economy that the U.S. has that juxtaposes communism
What is capitalism?
100
According to "The Debt Diet" these cards are the biggest rip off
What is store credit cards?
200
This is what a business provides when it does not provide a good
What is a service?
200
This economic utility increased when fast-food began accepting credit cards?
What is possession utility?
200
In economic terms, this means land, labor, and capital?
What is factors of production?
200
This government agency protects consumers from unfair or deceptive business practices
What is Federal Trade Commission?
200
What are some of the products that high schoolers consumed in the 1950s that they still consume today
What is coke, fast food, cars.
300
A person can use this to buy non-essentials items like magazine subscriptions.
What is discretionary income?
300
What are the 4 Ps
What is price, place, promotion, and product?
300
This is the name of the trade alliance east of the Atlantic Ocean.
What is NAFTA
300
This federal agency would regulate chemicals that are improperly stored at a plant, causing employees to become ill
What is the Occupational Safety and Health Administration?
300
This is the person who started Facebook
Who is Mark Zuckerberg?
400
This is the purpose of the activities in a traditional economy
What is to provide food, shelter, and clothing?
400
This is the P that is involved when a company sells coffee mugs in a local coffee house.
What is place?
400
This is the name of the trade alliance the is west of the Atlantic Ocean
What is the European Union?
400
This government agency would monitor pollution from diesel engines
What is Environmental Protection Agency?
400
What two men started Apple
Who are Steve Jobs and Steve Wazniak?
500
In a command economy, this organization decides how products are produced
What is the government?
500
What are the names of Mr. Francis's cats
Who are Muggles and Kingsley?
500
This determines how much currency from one country is equal to currency from another country
What is the foreign exchange rate?
500
This is what the government tries to prevent. It involves one company owning all the means of one product and thus can raise the price and decrease competition?