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Civics & Economics SOL REVIEW Flashcards | StudBud
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Civics & Economics SOL REVIEW
Civics & Economics SOL REVIEW
50 terms
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StudBud Administration
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A seventh grade civics and economics review
Flashcards
50 cards
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Practice quiz
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Questions
50
Answers
1
What is given up when a choice is made...
Resources
Scarcity
Opportunity Cost
Choice
2
This document grants freedom of religious beliefs and opinions:
VA Declaration of Rights
VA Statute of Religious Freedom
3
Responsibility of National Governments:
Promote public health, safety, & welfare
handles foreign policy, regulate commerce, & provide defense
4
Legislative Powers used to carry out expressed powers.
Implied Powers
Expressed Powers
5
The amount of a good or service that producers are willing/able to sell at a certain price.
Demand
Supply
6
Rights of Englishman guaranteed to colonists are established within this document:
Charters of the VA Company of London
Declaration of Consitution
VA Declaration of Rights
7
Factors of production that are used in the production of goods and services.
Resources
Choice
Scarcity
Opportunity Cost
8
Which is NOT a qualification to register to vote in VA?
Citizen of the U.S.
Resident of VA precinct
Has a job working for the government
At least 18 years of age
9
This branch is headed by the president, who executes laws, appoints ambassadors/judges, etc.
Legislative
Judicial
Executive
VA State Government
10
Rule of law:
The government and those who govern are bound by law
People are the source of any and all government power
A government where the people rule
People elect public officeholders to make laws/conduct gov't
11
The amount of a good or service that consumers are willing/able to buy at a certain price.
Demand
Supply
12
This branch consists of federal courts (Supreme Court), has power of judicial review, etc.
Judicial
VA State Government
Legislative
Executive
13
Partnership:
2 or more owners who share risks & profit
Person who takes risk to sell goods/service search of profit
Authorized by law regardless of # of owner, share profit
1 owner who takes all the risks & profit
14
How do you amend the Constitution of VA?
Proposal action by General Assembly & ratify by VA voters
Proposal action by Congress or Convention & ratify by states
15
Entrepreneur:
1 owner who takes all the risks & profit
Person who takes risk to sell goods/service search of profit
2 or more owners who share risks & profit
Authorized by law regardless of # of owner, share profit
16
Corporation:
1 owner who takes all the risks & profit
2 or more owners who share risks & profit
Authorized by law regardless of # of owner, share profit
Person who takes risk to sell goods/service search of profit
17
Combining of human, natural, captial, & entrepreneurship resources to make good/provide service
Price
Consumption
Production
Incentive
18
The _____ has the duty to maintain the value of a $, regulates banks, manages economy, etc.
Federal Reserve System
Legislative Branch
Federal Trade Commission
Executive Branch
19
This document was the first form of U.S. gov't, power within states, weakness in central gov't:
Declaration of Independence
Articles of Confederation
U.S. Constitution
20
Reasons for Trade:
Get good/service country cannot produce themselves
All of the above
Buy good/service at a lower cost
Sell good/service to other countries; create job
21
Proprietorship:
Person who takes risk to sell good/service search of profit
2 or more owners who share risks & profit
1 owner who takes all the risks & profit
Authorized by law regardless of # of owners who share profit
22
This document served as a model for the Constitution and Bill of Rights:
VA Declaration of Rights
VA Statute of Religious Freedom
23
The amount of money exchanged for a good or service.
Supply & Demand
Production
Price
Consumption
24
Central ownership of property/resources(by gov't), centrally planned, lack of consumer choice
Traditional
Command
Mixed
Free Market
25
Private ownership of property/resources, competition, individual choice, minimal gov't, etc.
Free Market
Traditional
Command
Mixed
26
Responsibility of State Governments:
Promote public health, safety, & welfare
handles foreign policy, regulate commerce, & provide defense
27
The Preamble of the Constitution of the U.S.A. begins with...
Government is not a solution to our problem...
Fourscore and seven years ago our fathers brought forth...
Ask not what your country can do for you ...
We the People...
28
Democracy:
People are the source of any and all government power
The government and those who govern are bound by law
People elect public officeholders to make laws/conduct gov't
A government where the people rule
29
Representative government:
The government and those who govern are bound by law
People are the source of any and all government power
Government is not all-powerful, the people give it the power
A government where the people rule
30
The 14th Amendment grants:
All our Freedoms
Extends due process protection to actions of the states
Protection against unreasonable searches and seizures
Right to bear arms
31
Things that motive or incite, used to change economic behavior.
Production
Price
Incentives
Consumption
32
First Amendment freedoms include:
Freedom of Religion
Freedom of Speech/Press
All of these freedoms are included
Freedom of Assembly
33
Inability to satisfy all the wants at the same time because resources are limited.
Scarcity
Opportunity Cost
Choice
Resources
34
This document stated grievances against the king, declared colonies independence, etc. :
VA Declaration of Rights
Declaration of Independence
Articles of Confederation
U.S. Constitution
35
Legislative powers specifically listed in the Constitution of the United States.
Implied Powers
Expressed Powers
36
This branch has a Congress, makes laws, approves budget, declares war, regulates trade, etc.
Executive
Legislative
VA State Goverment
Judicial
37
This document structures US gov't, guarantees equality under law, grants freedoms...
Articles of Confederation
Constitution of the United States
Declaration of Independence
38
US economy; individuals/business make decisions, gov't role is greater, etc.
Command
Mixed
Traditional
Free Market
39
Means of obtaining citizenship in the U.S.A.
Both 1 & 2
By immigration
By naturalization
By birth
40
Economic decisions based on custom and historical precedent; same type of work as parents.
Command
Traditional
Mixed
Free Market
41
What does the picture represent?
Economic Flow
National Economy
42
Limited government:
People elect public officeholders to make laws/conduct gov't
A government where the people rule
People are the source of any and all government power
The government and those who govern are bound by law
43
Which is NOT a way for the gov't to pay for public goods & services?
Borrowed Funds
Paychecks
Taxes
Fees
44
Selection of an item or action from a set of possible alternatives.
Scarcity
Resources
Opportunity Cost
Choice
45
How do you amend the U.S. Constitution?
Proposal action by General Assembly & ratify by VA voters
Proposal action by Congress or Convention & ratify by states
46
Must obey laws, pay taxes, serve in Armed Forces, serve on jury or as a witness in court...
Duties of Citizens
Responsibility of Citizens
47
Purposes of the U.S. government
All of the above
To promote general welfare and secure blessings of liberty
To form a more perfect union and establish justice
To ensure domestic tranquility and provide a common defense
48
Consent of the governed:
People are the source of any and all government power
The government and those who govern are bound by law
People elect public officeholders to make laws/conduct gov't
A government where the people rule
49
Functions of Political Parties:
All of the above
Educating electorate about campaign issues
Recruiting, nominating, and helping candidates win elections
Monitoring actions of officeholders
50
Register and vote, keep informed, serve in voluntary positions, support a campaign, etc.
Duties of Citizens
Responsibility of Citizens
