Economics MCQs

4475 MCQs  (Page 402 of 448)

Change may be experienced on three levels__________________?
A. Personal impersonal social
B. Invention discovery exploration
C. Micro middle and macro
D. Planning reform revolution
It is correct to say that__________________?
A. Change is only a recent situation
B. The more things change the more they remain the same
C. The rate of change has increased in recent years
D. Change has been the downfall of societies
The first airplane was a (n)________________?
A. Discovery
B. Invention
C. Diffusion
D. Miracle
How are decisions about production made in a market economy ?
A. By a command system
B. According to tradition
C. Through a price system
D. By executive fiat
When one culture borrows traits from another culture the borrowing culture tends to be________________?
A. Grateful
B. Selective in borrowing
C. Nonselective in borrowing
D. Gullible and impressionable
The Industrial Revolution was based on_______________?
A. The invention of basic machines
B. The discovery of new material
C. New sources power
D. All of the above
The Industrial Revolution began with_________________?
A. The invention of a few basic machines
B. The overthrow of the british
C. The founding of sony in japan
D. The proletariat in russia