7) which situation explains how a credit becomes a debt? question 7 options: a)buyer purchases furniture on credit, and then owes a debt to the furniture store. b) an electronics store extends credit to a buyer, and then owes a debt to the buyer. c)a mechanic exchanges services with a plumber, and incurs a debt to the plumber. d) a farmer purchases used equipment in exchange for a share of the crops grown.

Multiple-choice the word "democracy" means: (a) "rule by the people" (b) "minority rule" (c) "individual rights" in a democracy, election results are protected against dishonesty by: (a) laws (b) customs (c) values the type of government in which the people are represented by elected officials is sometimes called a: (a) monarchy (b) republic (c) totalitarian state in most democracies, the only legal requirements for voting or holding public office are based on age, residence, and: (a) religion (b) citizenship (c) personal wealth in an election, political parties give voters a choice among candidates who tend to represent different: (a) ethnic groups (b) religious groups (c) interests and points of view

In the years after world war ii, which of the following caused many people from asian and african countries to migrate to europe? a. the end of the soviet union b. new economic opportunities after colonialism ended c. the religious freedom found in europe d. new laws allowing greater numbers of immigrants into european countries

Advances in technology generally result a.) a higher standard of living for everyone b.) greater productivity c.) more jobs for everyone d.) more government regulation