John and Jane’s lemonade stand on the corner is making them the envy of their neighborhood because of the spending money they have to show for it. Before long, Ignatius and Iphigenia set up their own lemonade stand three blocks away. Their success inspires Harvey and Haley to start offering lemonade at their shaved-ice shack. What economic principle do these kids demonstrate?

After discovering he had reached a “new world” rather than India, Columbus believed which of the following?

Which of the following is not a role of money in a market economy?

Which of the following best describes how the Pilgrims’ actions in the New World exemplify the arguments of John Locke?

Which of the following would John Winthrop most agree with based on “A Model of Christian Charity”?

Which of the following is not true concerning the human predicament?

What is a potential risk of prompt-based generation without oversight?

In a recent essay in Forbes magazine, Harry Binswanger wrote, “There is no difference in economic effect between outsourcing a job to Poland and outsourcing it to a firm across the street. If outsourcing the job saves money, it saves resources and is to be applauded. . . . Outsourcing changes the composition of the labor force—fewer Americans are employed to make computer chips, say—but it does not decrease the demand for labor as such, and displaced workers find more productive employment—and thus higher wages—in other lines of work.” Binswanger’s argument most closely embraces the logic of ________.

According to the textbook, which of the following best represents the theory of the commonwealth ideology?

Petey is starting a new Honest Kids Club in his neighborhood. He hopes his club will serve as an example to the city of how good children behave. He plans to allow members to join only if they see themselves as unique with special responsibilities, if they work really hard, and if they will exercise self-control and restraint. Which colony does Petey’s club resemble most?