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Which of the following characteristics does NOT describe a developing nation: Strong infrastructure. The three main characteristics of this economic systems are private property, profit motive and a free, competitive marketplace: Market. Which of the following does NOT reflect a country's level of economic development: Economic system. Inadequate housing, poor health care, and political instability are all characteristics of which level of economic development: . Which of the following is NOT a factor of production: Economic resources. True or False: When a country has an unfavorable balance of trade it must use future income to pay for current and past spending: True. Because they have an abundance of oil, Saudi Arabia has a _______ in oil production: Absolute advantage. Going to college and giving up the opportunity to earn money at a job right now is an example of which economic principle: Opportunity Cost. A country deciding whether to produce its own food or import agricultural products is an example of which economic principle: Scarcity. True or False: Economics is all about money: True. The market sets price using which economic principle: Supply & Demand. In this type of economic system, the government regulates the amount, distribution and price of everything produced: Command. This metric of economic progress is important because no money means no purchases and a strong economy relies on a constant flow of money: Unemployment Rate. Target running out of a popular video game during the holiday season is an example of which economic principle: Shortage. Which of the following does NOT influence a country's balance of trade: Natural resources. Which of the following would be the best example of forming an economic community between countries: . Norway's exports in 2019 were $185.101 billion, and imports were $158.037 billion. Which of the following best describes their balance of trade: Trade surplus of $27.064 billion

When was the Declaration of Independence signed: July 4, 1776. Which treaty marked the end of the Revolutionary War: Treaty of Paris. Which battle was the beginning of the American Revolution: Lexington and Concord. Which battle was the end of the Revolutionary War: Yorktown. Reporters used yellow journalism to share with the public the terrible atrocities committed against the Cubans by ___________________: Spain. Why is the Spanish American War referred to as a “splendid little war?” SELECT ALL THAT APPLY: . In which year did Nevada become a state: 1864. Which of the following are reasons for U.S. expansionism? SELECT ALL THAT APPLY: The U.S. wanted to compete with Europe for power and natural resources.. Which of the following terms is best described as “the policy of extending the rule or authority of one nation over others by territorial acquisition or through economic or political dominance?”: Imperialism

Who is in charge of the executive branch? : The President. What is the name of the Vice President of the United States now: Kamala Harris. Who is the Commander in Chief of the military: The President. What does the President’s Cabinet do? : Advises the President. We elect a President for how many years: 4 years. In what month do we vote for President: November. If the President can no longer serve, who becomes President: The Vice President. What are the two major political parties in the United States: The Republican Party & the Democratic Party. What is the political party of the President now: Democratic Party

What was the main goal of the United States during the Cold War? To contain communism and promote democracy. What was the main goal of the Soviet Union during the Cold War? To spread communism to other countries. Which statement describes the Marshall Plan? An economic plan to spend 12.5 billion dollars on reconstructing Western Europe. Which of the following best describes the Truman Doctrine? Over 400 million dollars were given to various countries to fight off communism in their lands. During the Cold War Era, which best explains why the United States and the Soviet Union avoided real military conflict with each other? They were concerned about the possibility of global nuclear war.. The countries to the east of the bold black line were all members of what group? the Warsaw Pact. What is shown in the two marked areas on this map? the North Atlantic Treaty Organization and the Warsaw Pact. An "arms race" can be described as ... a race between nations to acquire the most powerful weapons. What event prompted the Soviet Union to form the Warsaw Pact? the formation of NATO. An economic and political system in which a country's trade and industry are controlled by private owners for profit, rather than by the state. Capitalism. A political theory derived from Karl Marx, advocating class war and leading to a society in which the government controls the economy, all property is publicly owned and each person works and is paid according to their abilities and needs. Communism. The policy of building a weapons arsenal so deadly that no other nation will dare attack Deterrence. A theory that if one nation comes under Communist control, then neighboring nations will also come under Communist control. Domino Theory . A nation that is dominated politically and economically by a more powerful nation, and thus depends on them is... Satellite. The policy of containment meant that The U.S. would not let Communism spread.. This was a military alliance between the United States, Canada, and Western European nations dedicated to mutual defence. NATO. Proxy War a war in which the powers in conflict use third parties as substitutes instead of fighting each other directly . What is the term used to describe the invisible line that separated communist Eastern Europe from democratic Western Europe? Iron Curtain