The Athenian Statesman Solon Aimed to

question 43

Multiple Choice

The Athenian statesman Solon aimed to

• A)restore aristocracy.
• B)concentrate wealth in the hands of a few to facilitate tax collection.
• C)balance the interests of the wealthy aristocrats and ordinary Athenians.
• D)establish order in Athens with a law code mandating very harsh punishments.
• E)lay the groundwork for democracy.

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Goods and Services

The tangible products (goods) and intangible activities (services) that fulfill the needs or wants of consumers.

Factor Market

A marketplace where factors of production (e.g., labor, capital) are bought and sold.

Circular-Flow Diagram

A graphical outline that tracks the flow of monetary resources through markets, between companies and household sectors.

Households

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