Political activists_______________?

A. Are moving outside the democratic party to achieve some of their political goals
B. Are becoming very scarce in both parties
C. Are hoping to create a third party
D. None of the above

The primary function of the economy as a social institution is to________________?

A. Convict felons in common pleas cout
B. Provide a blueprint showing people how to survive
C. Show people how to obtain goods and services without having to pay for them
D. None of the above

Resources are defined as___________________?

A. Anything that is manmade
B. Anything that is produced in factories
C. Anything that is derived from natural including
D. Everything that is needed for the production of goods and services including human energy

A society’s economic system is largely determined by its concept of________________?

A. Truth
B. Property
C. Happiness
D. Justice

What does one call property owned by the state in the name of the people ?

A. Public
B. Private
C. Common law
D. Communal

Professionalization means__________________?

A. Excessive upward mobility
B. Interlocking directorates
C. Racial polarization
D. A combination of theoretical knowledge and training

In industrial societies consumption ?

A. Must always be limited
B. Maintains and fuels demand
C. Is not a factor
D. Is viewed unfavorably

Material objects found in nature are called_______________?

A. Land
B. Capital
C. Labor
D. Time

The production possibilities frontier refers to_______________?

A. The amount of each commodity that can be produced given available resources
B. Unlimited production of one commodity
C. Limitless output of commodities
D. None of the above

A member of a Navajo tribe can graze his sheep on clan land but he cannot sell it Navajo land is what kind of property ?

A. Public
B. Private
C. Communal
D. Indian