Economic Principles

Practice Questions

GED Social Studies › Economic Principles

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1

New York State wishes to encourage new businesses to come and open in many small towns in Northern New York, so it plans to offer __________ to provide cheaper land and lower taxes for start-up companies.

2

New York State wishes to encourage new businesses to come and open in many small towns in Northern New York, so it plans to offer __________ to provide cheaper land and lower taxes for start-up companies.

3

New York State wishes to encourage new businesses to come and open in many small towns in Northern New York, so it plans to offer __________ to provide cheaper land and lower taxes for start-up companies.

4

Adam Smith is most principally associated with __________

5

Adam Smith is most principally associated with __________

6

Adam Smith is most principally associated with __________

7

The exchange or trade of goods or services, without exchanging money, is called __________.

8

The exchange or trade of goods or services, without exchanging money, is called __________.

9

The exchange or trade of goods or services, without exchanging money, is called __________.

10

The seminal economic text of capitalism, The Wealth of Nations, was written by __________.

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