Capitalist economy - Study guides, Class notes & Summaries

what is political economy? correct answers seeks to explain how political power shapes the economic outcomes and how economic forces influence political actions classical mercantilism correct answers the economy should serve the political state by maximizing its wealth and power -dominated 17th century during colonialism 2 major goals of classical mercantilism correct answers -maximize the total wealth of state (GIVE MONEY TO ROYALS) -increase power of the state mean features of class...

Florida Civics Literacy Exam Questions and Answers (2024/2025)(Verified Answers) What is the supreme law of the land? the Constitution What does the Constitution do? -sets up the government -defines the government -protects basic rights of Americans The idea of self-government is in the first three words of the Constitution. What are these words? We the People What is an amendment? -a change (to the Constitution) -an addition (to the Constitution) What do we call the ...

Florida Civic Literacy Test Questions with Correct Answers What is the supreme law of the land - Correct Answer ️️ -▪The constitution What does the constitution do? - Correct Answer ️️ -▪ sets up the government ▪ defines the government ▪ protects basic rights of Americans The idea of self-government is in the first three words of the Constitution. What are these words? - Correct Answer ️️ -▪ We the people What is an amendment? - Correct Answer ️️ -▪ a change (...

Florida Civics Literacy Exam Questions GRADED A+ What is the supreme law of the land? the Constitution What does the Constitution do? -sets up the government -defines the government -protects basic rights of Americans Previous Play Next Rewind 10 seconds Move forward 10 seconds Unmute 0:08 / 0:15 Full screen Brainpower Read More The idea of self-government is in the first three words of the Constitution. What are these words? We the People What is an amen...

Capacity to work - Skills, knowledge, capabilities, personality of each individual to work capital - assets that can enhance ones power to perform economically useful work capitalist economy - an economic system in which the market determines production, distribution, and price decisions, and property is privately owned employment relationship - a contractual relationship whereby an employer provides remuneration to an employee in exchange for work or service

MULTIPLE CHOICE - Choose the one alternative that best completes the statement or answers the question. 1) If a country’s economic decisions are made by an individual or small number of individuals, then it has a A) centralized economy. B) free-market economy. C) capitalist economy. D) open economy. 1) A In centralized economies, an individual or a small group of individuals decide what, how, and for whom to produce. 2) A good example of central planning at work in the U.S. is A) c...

Idaho Citizenship Civics Test Questions and Answers Already Passed What is the supreme law of the land? the Constitution What does the Constitution do? sets up the government defines the government protects basic rights of Americans The idea of self-government is in the first three words of the Constitution. What are these word? We the People What is an amendment? a change or addition to the Constitution What do we call the first ten amendments to the Constitution? Bill of Rights What is ON...

What is the supreme law of the land? - Answer-The Constitution What does the Constitution do? - Answer-▪ sets up the government ▪ defines the government ▪ protects basic rights of Americans The idea of self-government is in the first three words of the Constitution. What are these words? - Answer-We the People What is an amendment? - Answer-a change/addition (to the Constitution) What do we call the first ten amendments to the Constitution? - Answer-The Bill of Rights What...

Florida Civic Literacy Test Questions with 100% Correct Answers What is the supreme law of the land - Correct Answer ️️ -▪The constitution What does the constitution do? - Correct Answer ️️ -▪ sets up the government ▪ defines the government ▪ protects basic rights of Americans The idea of self-government is in the first three words of the Constitution. What are these words? - Correct Answer ️️ -▪ We the people What is an amendment? - Correct Answer ️️ -▪ a cha...

Florida Civic Literacy Test Questions with 100% Correct Answers What is the supreme law of the land - Correct Answer ️️ -▪The constitution What does the constitution do? - Correct Answer ️️ -▪ sets up the government ▪ defines the government ▪ protects basic rights of Americans The idea of self-government is in the first three words of the Constitution. What are these words? - Correct Answer ️️ -▪ We the people What is an amendment? - Correct Answer ️️ -▪ a cha...