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Civics Final 2019
Civics / Econ Final 2019
Question | Answer |
---|---|
Study of how people seek to satisfy their wants and needs. | economics |
Physical Objects | goods |
Actions or activities one person performs for another | services |
There are never enough resources to satisfy all of our wants | scarcity |
When producers cannot offer enough goods or services at a certain price. | shortage |
Factors of Production | land, labor, capital |
Any human made resource that is used to create another good or service | capital |
leaders who provide land, labor and capital to provide goods and services | entrepreneurs |
What we give up, when we use our resources for something else | opportunity cost |
What, how, and for who to produce | three economic questions |
How much money is made after all expenses | profit |
A place where buyers and sellers meet to exchange goods | market |
When businesses try to get consumers business | competition |
People are given the right to rule by the people. | consent of the governed |
The study of government and citizenship | civics |
Cannot be taken away | unalienable |
Father of the Constitution | James Madison |
Two ways to become a U.S. Citizen | Birth Naturalization |
A letter written to the King of England explaining why the colonies wanted to separate | Declaration of Independence |
The first government set up after the American Revolution | Articles of Confederation |
The farmer revolt because they were losing their farms | Shay's Rebellion |
The writer of the Declaration of Independence | Thomas Jefferson |
People who were in favor of a strong national government | Federalists |
People who believed a strong central government would be abusive | Anti-Federalists |
The government receives its right to rule from the people | Popular Sovereignty |
Each branch of government has certain controls over the others | checks and balances |
The power to govern is divided between the federal and the state governments | federalism |
The three branches of government each have separate power | separation of powers |
The Court has the ability to decide if laws are Constitutional | Judicial Review |
From whom does the U.S. Government get the right to rule? | the people |
Makes laws | legislative |
Interprets laws | judicial |
Enforces laws | executive |
Leader of the executive branch | President |
Upper House of Congress | Senate |
Lower House of Congress | House of Representatives |
Having two houses | bicameral |
A check the President has on Congress | veto |