This state’s capital is Sacramento.
What is California?
In this economic theory, private ownership and free markets drive production and profit.
What is Capitalism?
You choose to spend $10 on a movie ticket instead of buying a book that costs $10. What is your opportunity cost?
What is the book you didn’t buy?
This ocean is the largest and deepest, covering more than 30% of Earth’s surface.
What is the Pacific Ocean?
This continent is home to the countries of Egypt, Nigeria, and South Africa.
What is Africa?
Known as the "Sunshine State," this state is famous for its beaches.
What is Florida?
This theory advocates for the collective ownership of resources and aims to eliminate social classes.
What is Communism?
If you spend 2 hours studying for a math test instead of practicing basketball, what is your opportunity cost?
What is 2 hours of basketball practice?
The smallest and coldest ocean, located mostly within the Arctic Circle.
What is the Arctic Ocean?
The continent where you find the Amazon rainforest and the Andes mountains.
What is South America?
This state has the longest coastline of any U.S. state.
What is Alaska?
This system supports government intervention to provide public services and reduce inequality.
What is Socialism?
A farmer decides to plant corn instead of wheat on 5 acres of land. If the profit from wheat would have been $500, what is the opportunity cost?
What is $500 in lost profit from wheat?
This ocean touches the east coast of the United States and the west coast of Europe and Africa.
What is the Atlantic Ocean?
This continent includes the countries of China, India, and Russia (partly).
What is Asia?
The 50th state to join the U.S., this island state is in the Pacific.
What is Hawaii?
Famous economist Karl Marx is most closely associated with which economic theory?
What is Communism?
You have $50 and decide to buy a new jacket instead of attending a concert that costs $50. Besides the money, what else is part of your opportunity cost?
What is the experience or enjoyment from the concert?
The ocean south of the Indian Ocean surrounding Antarctica.
What is the Southern (or Antarctic) Ocean?
The continent known for its icy landscape and penguins, mostly covered by ice.
What is Antarctica?
Called the "Land of 10,000 Lakes," this state is in the Midwest.
What is Minnesota?
This economic theory seeks to balance individual freedom with government control to achieve both efficiency and equity.
What is Socialism?
A company can produce either 100 units of product A or 80 units of product B with the same resources. If it produces 100 units of A, what is the opportunity cost?
What is 80 units of product B forgone?
This ocean is bordered by Africa to the west, Australia to the east, and Asia to the north.
What is the Indian Ocean?
This continent is made up of 50 countries and includes both the U.S. and Canada.
What is North America?