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18. Unit 6-7: Teddy Roosevelt (2)
Test Description: SocialStudiesGames.net
Instructions: Answer all questions to get your test result.
1) According to the video instructor, the idea of a__________ regulating business practices is not needed if consumers would act.
A
Animal
B
Company
C
President
D
Third Party
2) Teddy Roosevelt gets involved in the__________ labor dispute and the worker’s won.
A
Slavery
B
Gold Strike
C
Factory Strike
D
Coal Strike
3) The labor dispute that Teddy Roosevelt was involved in resulted in a increase for workers
A
10%
B
.0010%
C
50%
D
30%
4) According to the video, government should not be involved and private business and the __________ should determine the course of business.
A
NYSE
B
Market
C
Owners
D
People
5) When demand goes up then the__________ goes up as well.
A
Demand
B
GDP
C
Supply
6) The government determining wages of workers is considered by some to decrease the of workers in turn raising the price of workers.
A
Demand
B
Price
C
Third Party
D
Supply
7) The video instructor utilized__________ as an example of supply and demand of workers.
A
Micheal Jordan
B
Julius Erving
C
Magic Johnson
D
Lebron James
8) When something is desired it then the__________ of it goes up accordingly.
A
Supply
B
Availability
C
Demand
D
Price
9) According to the video instructor, supply and demand are no longer theories they are now ________
A
Natural
B
Hypothesis
C
Unnatural
D
Laws
10) __________ Can regulate themselves by a consumer and a business agreeing upon a price that is based on the supply and demand without government intervention.
A
Markets
B
People
C
Government
D
Democrats
*select an answer for all questions
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