Which social scientists focus their studies on scarcity, resources, and profit motives?

Which course of action does the theory of laissez-faire suggest a government should follow?

Which topic is central to the study of economics?

Capitalism is to private ownership as communism is to

Which type of economic system relies primarily on hunting, gathering, herding, and farming to maintain self-sufficiency?

The policy of establishing colonies to gain wealth by controlling colonial trade is called

Which revolution led to the concept of banking, the creation of guilds, and the development of capitalism in Europe?

Which statement is supported by the ideas of Karl Marx?

In the European feudal system under manorialism, what is the most significant economic commodity?

In an ideal market economy, the answer to the question “What shall be produced?” would be determined primarily by

According to Thomas Malthus, the rate of increase for human populations in relation to the rate of increase for food production was a problem. Malthus believed that

In which economic system used by early civilizations are decisions about the distribution of goods based primarily on customs, beliefs, and habits?

Which statement best describes an aspect of a command economy?

Which is a necessity for both capitalist and socialist economic systems?

Which is true of an economy operating under a free market system?

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