MATCHING Match the Person or Term with the with the Correct

question 66

Multiple Choice

MATCHING
Match the person or term with the with the correct description.
-Johannes Gutenberg

• A)claimed Brazil for Portugal in 1500
• B)founded Quebec
• C)Italian who sailed for Spain in 1492
• D)Dominican priest who preached against Spanish abuses of Indians
• E)British economist who wrote The Wealth of Nations
• F)Spanish conquistador who conquered the Aztecs
• G)sailed around southern Africa and into the Indian Ocean
• H)America was named for him
• I)first European to discover Newfoundland in 1497
• J)explored Florida
• K)led seven large naval expeditions in early 1400s
• L)developed a movable-type printing press

---

Definitions:

Organic

Organic refers to products or methods that rely on farming without the use of synthetic pesticides, fertilizers, genetically modified organisms (GMOs), or other artificial agents.

Monopolistic Competition

A market structure characterized by many firms selling products that are similar but not identical, allowing for product differentiation and some degree of market power for each firm.

Long Run

A period of time in which all factors of production and costs are variable, allowing firms to adjust fully to market conditions.

Deadweight Loss

The loss of economic efficiency that can occur when the equilibrium for a good or a service is not achieved or achievable.