Social studies in general
How many continents are there in the world ?
7
What are the names of the two SYSTEMS of government ?
Autocratic & Democratic
What are the names of the 4 types of economic systems ?
Traditional, Market, Command , and Mixed
True
How many countries does Africa have ?
54
Who was the first president of the United States ?
George Washington
What happens in a parliamentary democracy ?
The citizens elects a legislature and the legislature selects the leader
Command & Market
Which form of government does Saudi Arabia have ?
Monarchy
Which type of productive resource is MS.JAMES ?
Human Resource
In which economic system does the government make ALL decisions ?
Command economy
What is the name of the leader in a parliamentary democracy ?
Prime minister
What are the three basic questions of economics ?
What to produce, How to produce, and for whom to produce for ?
Give me an example of a POSITIVE INCENTIVE
What are goods ?
Items or Products people buy and sell
Which form of government has a small group of wealthy people in charge ?
Oligarchy
Name three types of productive resources used in economics
Human, Capital, & Natural
List three capital resources that you use everyday
Answers may vary
What does scarcity mean ?
A limited amount of something
Name four natural resources
Water, soil, plants, wood, iron, gold
List three things that are INTANGIBLE
Air, wind, Thoughts