Economics Is A

question 107

Multiple Choice

Economics is a:

• A) social science that studies goods with no alternative uses.
• B) natural science that studies goods with no alternative uses.
• C) social science concerned chiefly with how people choose among alternatives.
• D) social science concerned chiefly with reasons why society has unlimited resources.

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Definitions:

Sugar Act

A British law enacted in 1764 that imposed taxes on sugar and molasses imported into the American colonies, which was a cause of dissent leading to the American Revolution.

Stamp Act

A law passed by the British Parliament in 1765 requiring the use of stamped paper for official documents in the American colonies, widely protested and seen as a direct tax without colonial consent.

Stamp Act

A 1765 British law imposing a tax on all paper documents in the American colonies, leading to widespread protests and contributing to the American Revolutionary War.

Boston's Colonists

The early European settlers in the Boston area during the period of British colonial America, involved in the foundational events of the American Revolution.