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Ch. 3 POB

Last updated about 5 years ago

5 questions

1

Question 1

1.

What is the main source of income for government?

1

1

1

1

Question 2

2.

During a depression - there's low unemployment and high production of goods and services.

True

False

Question 3

3.

How many economic shifts has the US experienced?

two

four

six

eight

Question 4

4.

An economy must go through a depression before it can enter the recovery stage

True

False

Question 5

5.

In the 1600's, the US economy was

agriculture based

service based

information based

industry based