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HGE Unit 1 Exam: Introduction to Government & Economic Systems Flashcards | StudBud
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HGE Unit 1 Exam: Introduction to Government & Economic Systems
HGE Unit 1 Exam: Introduction to Government & Economic Systems
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Honors Government & Economics Unit 1 Review #HGE
Flashcards
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Questions
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Answers
1
Which of the following countries is the MOST socialist?
Finland
South Korea
China
Cuba
2
What do households receive from the gov't in the circular flow chart of the American economy?
Private Goods & Services
Public Goods & Services
Taxes
Right to Vote
3
What form of government did Thomas Hobbes believe was the best form of government?
Indirect Democracy
Constitutional Monarchy
Absolute Monarchy
Direct Democracy
4
Believing the Gov't should not stop someone from using recreational drugs is an example of...
Libertarianism
Authoritarianism
Conservatism
Capitalism
5
A person on the left side of the
economic
spectrum would have ______ views.
socialist
liberal
libertarian
capitalist
6
Which of the following is NOT a function of Gov't?
Ensure Democracy & Personal Freedom
Preserve Order & Stability
Establish and Maintain a System of Laws
Provide Various Services ("Public Goods")
7
What is Mr. V.'s favorite color?
Brown
Blue
Red
Green
8
What term best describes the USA economy?
Communist Economy
100% Free-Market Economy
Democratic Capitalist Economy
Free-Enterprise Economy
9
Which option correctly matches the philosophies on the LEFT of both the political & economic spectrums?
Liberal & Libertarian
Socialism & Capitalism
Authoritarian & Socialism
Socialism & Liberal
10
This line represents a person's views on Personal Freedom
G
E
11
What is
The study of behaviors/choices of individuals when they manage/use scarce resources?
Government
Free Enterprise
Opportunity Cost
Economics
12
Where was Mr. V. born?
New Mexico
Maryland
Nebraska
Washington
13
What is defined as "
Anything that motivates a person to take a specific action?"
Incentive
Opportunity Cost
Choice
Trade-Off
14
Most Americans would identify themselves as...
Democrats
Radicals
Republicans
Moderates
15
What term is defined as
a system of gov't where the people have a say in how they are governed?
Government
Democracy
Republic
Libertarianism
16
Where are "Libertarian" views represented on the Nolan Chart?
F
D
B
A
17
The next best alternative in a choice is called?
Scarcity
Trade-Off Alternative
Opportunity Cost
Biggest Loser
18
What is an institution in society that creates & implements policy to guide its citizens?
Authoritarianism
Capitalism
Government
Free-Enterprise
19
Which of the following is NOT a socialist concept found in the United States?
Welfare Programs
Free College Education
Minimum Wage
Public School
20
What do Radical, Right-Wing Conservatives want to see happen to Gov't?
Increase taxes on the wealthy
Socialist Revolution
Revert back to old "traditional" values & culture
Use Gov't to create progressive change
21
Which of the following is NOT a Natural Right according to John Locke?
Property
Life
Pursuit of Happiness
Liberty
22
Someone who wants the government to COMPLETELY control peole's lives would be called a(n)...
Libertarian
Conservative
Authoritarian
Liberal
