How Did the Puritans Come by Their Name

question 35

Multiple Choice

How did the Puritans come by their name?

• A) They wanted to purify English society of sinful practices (e.g., dancing)
• B) They wanted to purify the Church of England from any semblance of Catholicism
• C) They wanted to purify themselves of sin
• D) Their enemies called them this as a way of saying they were self-righteous

Explain the role of collective decision making in economic systems.

Understand the basics of economic questions (What, How, For Whom) that every economy must answer.

Evaluate economic decisions using the concept of true value and economic perspectives.

Interpret the law of comparative advantage and its implications for trade.