#1
Which economic theory advocates for minimal government intervention in the economy?
#2
During which period did the Great Depression occur?
#3
Who wrote the influential book 'The Wealth of Nations'?
#4
Which economic concept refers to the total market value of all final goods and services produced within a country in a given period?
#5
Which economic concept refers to the condition where the prices of goods and services rise steadily over time?
#6
Who is considered the father of modern economics?
#7
Which economic theory emphasizes the importance of aggregate demand in influencing economic growth?
#8
What is the term for a sustained increase in the general price level of goods and services in an economy over a period of time?
#9
What is the term for a situation where the economy is experiencing high inflation, high unemployment, and stagnant demand?
#10
Who developed the concept of comparative advantage in international trade?
#11
Which economic term describes a situation where individuals or entities compete to acquire the most goods or services, resulting in a mutually detrimental outcome?
#12