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