A person who buys goods is called a ___________
_____________ is the amount of a good that is available to buy
A company or person who makes goods to sell is a ____________
How much people want an item or service is ___________
When you borrow money from a bank, you will be charged __________ as you pay back the loan
Which of the following statements is true about a free market economy?
What is the main role of producers in our economy?
When do prices fall?
Alexander Hamilton and Thomas Jefferson had different opinions about the economy. Who did George Washington put in charge of the Treasury?
What part of the government is responsible for collecting taxes?
The Constitution gives the government the ability to
The Constitution gives people the right to do what?
In what type of economy are people allowed to decide what to buy and sell?
In a free market, prices rise when ___________
Under the Articles of Confederation, the government had ___________
Who believed the government should play a SMALL role in the economy?
Who believed the government should play a LARGE role in the economy?
True or False: Every state in the US uses the same form of currency
Under the Constitution the government is able to _____________
If the government needs land to build a road, it ________________
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