Category: Miscellaneous Economics Mcqs

A. the content and flow of goods and services to take place without any fixed plan
B. buyers and sellers not needing to know how the market works in order to act in it
C. the economy to function so that all participants derive some satisfaction
D. all of the above

A. they are treated unequally and are aware of their minority status
B. they are residentially segregated
C. they control few resources
D. all of the above

A. Urban and suburban residents
B. The young and underprivileged
C. College educated professionals
D. White collar workers

A. the downfall of industrialized societies
B. one of the great contributions of democracy
C. a major obstacle to establishing social order
D. none of the above

A. hunting and gathering to pastoral society
B. pastoral to horticultural society
C. horticultural to agricultural society
D. agricultural to industrial society

A. its primary concern is to record events of the past
B. historians do not use computers
C. it does not study people
D. it is not based on evidence

A. the state
B. democracy
C. totalitarianism
D. international trade

A. An inaccurate interpretation and social application of Darwin,s theory of evolution
B. “Social Darwinism “applied to religious beliefs
C. An invention of European colonial governments
D. The New Testament

A. create abuse
B. stimulate government control
C. stimulate economic growth as each individual tried to maximize profits
D. stifle economic growth as the markets would be flooded with merchandise

A. market orientated economists
B. left-wing theorists
C. Keynesian
D. New-Keynesian