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History Words 146 words

February 24, 2010 By joel E.

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Definitions Notes & Examples Words Only
  1. mixed economy
    an economic system that combines private and state enterprises
    The study of economic systems includes traditional, market, command, and mixed economies.
  2. economic system
    the system of production and distribution and consumption
    The study of economic systems includes traditional, market, command, and mixed economies.
  3. market economy
    an economy that relies chiefly on market forces to allocate goods and resources and to determine prices
    A market economy is controlled by the forces of supply and demand.
  4. multiple-choice
    offering several alternative answers from which the correct one is to be chosen; or consisting of such questions
    In addition, students may test their knowledge of the material presented here by accessing multiple-choice questions from past Regents Exams.
  5. scarcity
    a small and inadequate amount
    Finally, the concept of scarcity must be explored and balanced.
  6. exam
    a set of questions or exercises evaluating skill or knowledge
    This site should be used in preparation for the New York State Regents Exam in United States History and Government.
  7. resource
    a source of aid or support that may be drawn upon when needed
    Included in this theme are factors of production, which are the resources necessary to produce goods and services.
  8. Communist China
    a communist nation that covers a vast territory in eastern Asia; the most populous country in the world
    The Soviet Union and Communist China in the 20th century operated under this economic system.
  9. economy
    the system of production and distribution and consumption
    The study of economic systems includes traditional, market, command, and mixed economies.
  10. humans
    all of the living human inhabitants of the earth
    Attention must be paid to the resources humans need to survive, and to those goods and services that serve to enhance living.
  11. consumer goods
    goods (as food or clothing) intended for direct use or consumption
    While short term gains did occur, the majority of people suffered under system that paid little attention to food production or consumer goods.
  12. centralized
    drawn toward a center or brought under the control of a central authority
    A command economy is run by a strong centralized government and tends to focus on industrial goods.
  13. factor
    anything that contributes causally to a result
    Included in this theme are factors of production, which are the resources necessary to produce goods and services.
  14. explore
    travel to or penetrate into
    Finally, the concept of scarcity must be explored and balanced.
  15. balanced
    being in a state of proper equilibrium
    Human needs and wants also must be balanced within an economic system.
  16. relevant
    having a bearing on or connection with the subject at issue
    In the United States, all of the systems are relevant except for command, which was never really used.
  17. system
    a group of independent but interrelated elements comprising a unified whole
    The study of economic systems includes traditional, market, command, and mixed economies.
  18. regent
    someone who rules during the absence or incapacity or minority of the country's monarch
    This site should be used in preparation for the New York State Regents Exam in United States History and Government.
  19. natural resources
    resources (actual and potential) supplied by nature
    These factors include human resources, natural resources, and capital or money resources.
  20. New York State
    a Mid-Atlantic state; one of the original 13 colonies
    This site should be used in preparation for the New York State Regents Exam in United States History and Government.
  21. enhance
    increase
    Attention must be paid to the resources humans need to survive, and to those goods and services that serve to enhance living.
  22. survive
    continue in existence after (an adversity, etc.)
    Attention must be paid to the resources humans need to survive, and to those goods and services that serve to enhance living.
  23. economic
    of or relating to an economy, the system of production and management of material wealth
    The study of economic systems includes traditional, market, command, and mixed economies.
  24. United States
    North American republic containing 50 states - 48 conterminous states in North America plus Alaska in northwest North America and the Hawaiian Islands in the Pacific Ocean; achieved independence in 1776
    In the United States, all of the systems are relevant except for command, which was never really used.
  25. production
    the act or process of producing something
    While short term gains did occur, the majority of people suffered under system that paid little attention to food production or consumer goods.
  26. operate
    perform as expected when applied
    The Soviet Union and Communist China in the 20th century operated under this economic system.
  27. barter
    exchange goods without involving money
    Traditional economies rely on farming and very simple barter trading.
  28. run by
    pass by while running
    A command economy is run by a strong centralized government and tends to focus on industrial goods.
  29. multiple
    having or involving or consisting of more than one part or entity or individual
    In addition, students may test their knowledge of the material presented here by accessing multiple-choice questions from past Regents Exams.
  30. include
    have as a part, be made up out of
    The study of economic systems includes traditional, market, command, and mixed economies.
  31. traditional
    consisting of or derived from tradition
    The study of economic systems includes traditional, market, command, and mixed economies.
  32. united
    characterized by unity; being or joined into a single entity
    In the United States, all of the systems are relevant except for command, which was never really used.
  33. market
    a marketplace where groceries are sold
    The study of economic systems includes traditional, market, command, and mixed economies.
  34. good and
    completely or thoroughly
    Included in this theme are factors of production, which are the resources necessary to produce goods and services.
  35. focus on
    center upon
    A command economy is run by a strong centralized government and tends to focus on industrial goods.
  36. unlimited
    having no limits in range or scope
    Scarcity is the conflict between limited resources and unlimited need.
  37. site
    the piece of land on which something is located (or is to be located)
    When scarcity of any resource occurs, new factors of production must be explored for humans to continue to survive

    This site is designed to aid students in reviewing the economic systems and factors of production in United States history.
  38. farming
    the practice of cultivating the land or raising stock
    Traditional economies rely on farming and very simple barter trading.
  39. balance
    harmonious arrangement or relation of parts or elements within a whole (as in a design)
    Human needs and wants also must be balanced within an economic system.
  40. produce
    bring forth or yield
    What should be produced?
  41. mixed
    consisting of a haphazard assortment of different kinds
    The study of economic systems includes traditional, market, command, and mixed economies.
  42. colonist
    a person who settles in a new colony or moves into new country
    Early colonist used this form of economy within their own communities, and to some extent, with other colonies.
  43. rely on
    put trust in with confidence
    Traditional economies rely on farming and very simple barter trading.
  44. concept
    an abstract or general idea inferred or derived from specific instances
    Finally, the concept of scarcity must be explored and balanced.
  45. command
    an authoritative direction or instruction to do something
    The study of economic systems includes traditional, market, command, and mixed economies.
  46. human
    any living or extinct member of the family Hominidae characterized by superior intelligence, articulate speech, and erect carriage
    These factors include human resources, natural resources, and capital or money resources.
  47. mix
    mix together different elements
    The study of economic systems includes traditional, market, command, and mixed economies.
  48. services
    performance of duties or provision of space and equipment helpful to others
    Included in this theme are factors of production, which are the resources necessary to produce goods and services.
  49. Soviet Union
    a former communist country in eastern Europe and northern Asia; established in 1922; included Russia and 14 other soviet socialist republics (Ukraine and Byelorussia and others); officially dissolved 31 December 1991
    The Soviet Union and Communist China in the 20th century operated under this economic system.
  50. 20th
    coming next after the nineteenth in position
    The Soviet Union and Communist China in the 20th century operated under this economic system.
  51. trading
    buying or selling securities or commodities
    Traditional economies rely on farming and very simple barter trading.
  52. used
    previously used or owned by another
    In the United States, all of the systems are relevant except for command, which was never really used.
  53. controlled
    restrained or managed or kept within certain bounds
    A market economy is controlled by the forces of supply and demand.
  54. access
    the right to enter
    In addition, students may test their knowledge of the material presented here by accessing multiple-choice questions from past Regents Exams.
  55. responsible for
    being the agent or cause
    The United States used a market economy for much of its history, and it is largely responsible for the growth of the country.
  56. rely
    have confidence or faith in
    Traditional economies rely on farming and very simple barter trading.
  57. focus
    the concentration of attention or energy on something
    A command economy is run by a strong centralized government and tends to focus on industrial goods.
  58. need
    have need of
    Human needs and wants also must be balanced within an economic system.
  59. state
    the way something is with respect to its main attributes
    In the United States, all of the systems are relevant except for command, which was never really used.
  60. history
    a record or narrative description of past events
    The United States used a market economy for much of its history, and it is largely responsible for the growth of the country.
  61. consumer
    a person who uses goods or services
    While short term gains did occur, the majority of people suffered under system that paid little attention to food production or consumer goods.
  62. student
    a learner who is enrolled in an educational institution
    When scarcity of any resource occurs, new factors of production must be explored for humans to continue to survive

    This site is designed to aid students in reviewing the economic systems and factors of production in United States history.
  63. occur
    come to pass
    While short term gains did occur, the majority of people suffered under system that paid little attention to food production or consumer goods.
  64. theme
    the subject matter of a conversation or discussion
    Included in this theme are factors of production, which are the resources necessary to produce goods and services.
  65. paid
    marked by the reception of pay
    While short term gains did occur, the majority of people suffered under system that paid little attention to food production or consumer goods.
  66. combination
    the act of combining things to form a new whole
    A mixed economy is a combination of market and command.
  67. industrial
    of or relating to or resulting from industry
    A command economy is run by a strong centralized government and tends to focus on industrial goods.
  68. included
    enclosed in the same envelope or package
    Included in this theme are factors of production, which are the resources necessary to produce goods and services.
  69. responsible
    worthy of or requiring responsibility or trust; or held accountable
    The United States used a market economy for much of its history, and it is largely responsible for the growth of the country.
  70. designed
    done or made or performed with purpose and intent
    When scarcity of any resource occurs, new factors of production must be explored for humans to continue to survive

    This site is designed to aid students in reviewing the economic systems and factors of production in United States history.
  71. attention
    the process whereby a person concentrates on some features of the environment to the (relative) exclusion of others
    While short term gains did occur, the majority of people suffered under system that paid little attention to food production or consumer goods.
  72. limited
    subject to limits or subjected to limits
    Scarcity is the conflict between limited resources and unlimited need.
  73. review
    look at again; examine again
    When scarcity of any resource occurs, new factors of production must be explored for humans to continue to survive

    This site is designed to aid students in reviewing the economic systems and factors of production in United States history.
  74. largely
    in large part; mainly or chiefly
    The United States used a market economy for much of its history, and it is largely responsible for the growth of the country.
  75. conflict
    an open clash between two opposing groups (or individuals)
    Scarcity is the conflict between limited resources and unlimited need.
  76. good
    having desirable or positive qualities especially those suitable for a thing specified
    How should goods be produced?
  77. colony
    a group of organisms of the same type living or growing together
    Early colonist used this form of economy within their own communities, and to some extent, with other colonies.
  78. preparation
    the activity of putting or setting in order in advance of some act or purpose
    This site should be used in preparation for the New York State Regents Exam in United States History and Government.
  79. tend
    have a tendency or disposition to do or be something; be inclined
    A command economy is run by a strong centralized government and tends to focus on industrial goods.
  80. addition
    the arithmetic operation of summing; calculating the sum of two or more numbers
    In addition, students may test their knowledge of the material presented here by accessing multiple-choice questions from past Regents Exams.
  81. service
    an act of help or assistance
    Included in this theme are factors of production, which are the resources necessary to produce goods and services.
  82. extent
    the point or degree to which something extends
    Early colonist used this form of economy within their own communities, and to some extent, with other colonies.
  83. growth
    (biology) the process of an individual organism growing organically; a purely biological unfolding of events involved in an organism changing gradually from a simple to a more complex level
    The United States used a market economy for much of its history, and it is largely responsible for the growth of the country.
  84. must
    a necessary or essential thing
    Human needs and wants also must be balanced within an economic system.
  85. majority
    the property resulting from being or relating to the greater in number of two parts; the main part
    While short term gains did occur, the majority of people suffered under system that paid little attention to food production or consumer goods.
  86. needs
    in such a manner as could not be otherwise
    Human needs and wants also must be balanced within an economic system.
  87. Communist
    a member of the communist party
    The Soviet Union and Communist China in the 20th century operated under this economic system.
  88. choice
    the act of choosing or selecting
    In addition, students may test their knowledge of the material presented here by accessing multiple-choice questions from past Regents Exams.
  89. within
    on the inside
    Early colonist used this form of economy within their own communities, and to some extent, with other colonies.
  90. Soviet
    of or relating to or characteristic of the former Soviet Union or its people
    The Soviet Union and Communist China in the 20th century operated under this economic system.
  91. Union
    the United States (especially the northern states during the American Civil War)
    The Soviet Union and Communist China in the 20th century operated under this economic system.
  92. community
    a group of people living in a particular local area
    Early colonist used this form of economy within their own communities, and to some extent, with other colonies.
  93. pay
    give money, usually in exchange for goods or services
    While short term gains did occur, the majority of people suffered under system that paid little attention to food production or consumer goods.
  94. today
    on this day as distinct from yesterday or tomorrow
    The United States operates under this system today.
  95. China
    a communist nation that covers a vast territory in eastern Asia; the most populous country in the world
    The Soviet Union and Communist China in the 20th century operated under this economic system.
  96. under
    below some quantity or limit
    The Soviet Union and Communist China in the 20th century operated under this economic system.
  97. test
    any standardized procedure for measuring sensitivity or memory or intelligence or aptitude or personality etc
    In addition, students may test their knowledge of the material presented here by accessing multiple-choice questions from past Regents Exams.
  98. continue
    keep or maintain in unaltered condition; cause to remain or last
    When scarcity of any resource occurs, new factors of production must be explored for humans to continue to survive

    This site is designed to aid students in reviewing the economic systems and factors of production in United States history.
  99. farm
    workplace consisting of farm buildings and cultivated land as a unit
    Traditional economies rely on farming and very simple barter trading.
  100. serve
    devote (part of) one's life or efforts to, as of countries, institutions, or ideas
    Attention must be paid to the resources humans need to survive, and to those goods and services that serve to enhance living.
  101. question
    a sentence of inquiry that asks for a reply
    All of these systems attempt to answer the same questions.
  102. capital
    one of the large alphabetic characters used as the first letter in writing or printing proper names and sometimes for emphasis
    These factors include human resources, natural resources, and capital or money resources.
  103. limit
    as far as something can go
    Scarcity is the conflict between limited resources and unlimited need.
  104. material
    the tangible substance that goes into the makeup of a physical object
    In addition, students may test their knowledge of the material presented here by accessing multiple-choice questions from past Regents Exams.
  105. government
    (government) the system or form by which a community or other political unit is governed
    A command economy is run by a strong centralized government and tends to focus on industrial goods.
  106. design
    the act of working out the form of something (as by making a sketch or outline or plan)
    When scarcity of any resource occurs, new factors of production must be explored for humans to continue to survive

    This site is designed to aid students in reviewing the economic systems and factors of production in United States history.
  107. aid
    the activity of contributing to the fulfillment of a need or furtherance of an effort or purpose
    When scarcity of any resource occurs, new factors of production must be explored for humans to continue to survive

    This site is designed to aid students in reviewing the economic systems and factors of production in United States history.
  108. simple
    having few parts; not complex or complicated or involved
    Traditional economies rely on farming and very simple barter trading.
  109. finally
    as the end result of a succession or process
    Finally, the concept of scarcity must be explored and balanced.
  110. gain
    obtain
    While short term gains did occur, the majority of people suffered under system that paid little attention to food production or consumer goods.
  111. supply
    circulate or distribute or equip with
    A market economy is controlled by the forces of supply and demand.
  112. control
    power to direct or determine
    A market economy is controlled by the forces of supply and demand.
  113. trade
    the commercial exchange (buying and selling on domestic or international markets) of goods and services
    Traditional economies rely on farming and very simple barter trading.
  114. food
    any substance that can be metabolized by an animal to give energy and build tissue
    While short term gains did occur, the majority of people suffered under system that paid little attention to food production or consumer goods.
  115. knowledge
    the psychological result of perception and learning and reasoning
    In addition, students may test their knowledge of the material presented here by accessing multiple-choice questions from past Regents Exams.
  116. natural
    in accordance with nature; relating to or concerning nature
    These factors include human resources, natural resources, and capital or money resources.
  117. term
    a limited period of time
    While short term gains did occur, the majority of people suffered under system that paid little attention to food production or consumer goods.
  118. demand
    request urgently and forcefully
    A market economy is controlled by the forces of supply and demand.
  119. century
    ten 10s
    The Soviet Union and Communist China in the 20th century operated under this economic system.
  120. living
    pertaining to living persons
    Attention must be paid to the resources humans need to survive, and to those goods and services that serve to enhance living.
  121. study
    applying the mind to learning and understanding a subject (especially by reading)
    The study of economic systems includes traditional, market, command, and mixed economies.
  122. except
    prevent from being included or considered or accepted
    In the United States, all of the systems are relevant except for command, which was never really used.
  123. suffer
    undergo or be subjected to
    While short term gains did occur, the majority of people suffered under system that paid little attention to food production or consumer goods.
  124. attempt
    make an effort or attempt
    All of these systems attempt to answer the same questions.
  125. New York
    the largest city in New York State and in the United States; located in southeastern New York at the mouth of the Hudson river; a major financial and cultural center
    This site should be used in preparation for the New York State Regents Exam in United States History and Government.
  126. necessary
    absolutely essential
    Included in this theme are factors of production, which are the resources necessary to produce goods and services.
  127. York
    the English royal house (a branch of the Plantagenet line) that reigned from 1461 to 1485; its emblem was a white rose
    This site should be used in preparation for the New York State Regents Exam in United States History and Government.
  128. past
    earlier than the present time; no longer current
    In addition, students may test their knowledge of the material presented here by accessing multiple-choice questions from past Regents Exams.
  129. early
    at or near the beginning of a period of time or course of events or before the usual or expected time
    Early colonist used this form of economy within their own communities, and to some extent, with other colonies.
  130. strong
    having strength or power greater than average or expected
    A command economy is run by a strong centralized government and tends to focus on industrial goods.
  131. really
    in actual fact
    In the United States, all of the systems are relevant except for command, which was never really used.
  132. short
    (primarily spatial sense) having little length or lacking in length
    While short term gains did occur, the majority of people suffered under system that paid little attention to food production or consumer goods.
  133. much
    (quantifier used with mass nouns) great in quantity or degree or extent
    How much?
  134. force
    (physics) the influence that produces a change in a physical quantity
    A market economy is controlled by the forces of supply and demand.
  135. money
    the most common medium of exchange; functions as legal tender
    These factors include human resources, natural resources, and capital or money resources.
  136. State
    the federal department in the United States that sets and maintains foreign policies
    This site should be used in preparation for the New York State Regents Exam in United States History and Government.
  137. New
    used of a living language; being the current stage in its development
    This site should be used in preparation for the New York State Regents Exam in United States History and Government.
  138. in this
    (formal) in or into that thing or place
    Included in this theme are factors of production, which are the resources necessary to produce goods and services.
  139. present
    temporal sense; intermediate between past and future; now existing or happening or in consideration
    In addition, students may test their knowledge of the material presented here by accessing multiple-choice questions from past Regents Exams.
  140. answer
    a statement (either spoken or written) that is made to reply to a question or request or criticism or accusation
    All of these systems attempt to answer the same questions.
  141. form
    a perceptual structure
    Early colonist used this form of economy within their own communities, and to some extent, with other colonies.
  142. run
    move fast by using one's feet, with one foot off the ground at any given time
    A command economy is run by a strong centralized government and tends to focus on industrial goods.
  143. live
    have life, be alive
    Attention must be paid to the resources humans need to survive, and to those goods and services that serve to enhance living.
  144. between
    in the interval
    Scarcity is the conflict between limited resources and unlimited need.
  145. country
    the territory occupied by a nation
    The United States used a market economy for much of its history, and it is largely responsible for the growth of the country.
  146. want
    the state of needing something that is absent or unavailable
    Human needs and wants also must be balanced within an economic system.