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My World History: Core Concepts PT. 2 Flashcards | StudBud
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My World History: Core Concepts PT. 2
My World History: Core Concepts PT. 2
51 terms
·
StudBud Administration
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139 plays
Demonstrate understandings of government, citizenship, and economy.
Flashcards
51 cards
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Practice quiz
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Questions
51
Answers
1
A government with a king or a queen is usually..
monarchy
Authoritarian
Communist
democracy
2
The Supreme Court belongs to which branch?
Judicial
legislative
executive
3
A tariff is a tax on imports or exports.
True
False
4
___________ is an independent state consisting of a city and its surrounding territory.
nation-state
empire
state
city-state
5
The exchange of goods and services in a market is _________.
exports
free trade
tariff
trade
6
___________ is a region that shares a common government.
city-state
state
nation-state
empire
7
Removing trade barriers is called _______.
Trade barrier
trade block
trade removal
free trade
8
Which government structure has no effective limits on government action?
Unlimited Government
Limited Government
9
Consumers _____________________.
study needs and wants
make products
buy products
consume products
10
A federal system is...
very rare
central
divided
11
A plan that shows income and expenses over a period of time is called ___________.
budget
interest
credit
saving
12
___________ is a very rare system of government.
unitary
federal
confederal
13
Which of the follow is a state containing several countries?
state
monarchy
empire
nation-state
14
Scarcity creates....
lots of economic freedom
too much product
a difference between needs and wants
plenty of resources
15
The president is a member of which branch of government?
Executive
Legislative
Judicial
16
Which of the follow is
NOT
a characteristic of a
nation-state
?
dependent on other states
Example: United States
independent of other states
often referred to as nations or countries
17
A group the seeks to influence people on a certain topic.
political party
interest group
18
If supply is down, then demand is down.
True
False
19
Voting is an example of...
civic life
civic participation
an interest group
a political party
20
____ is an economy in which the central government makes all the decisions.
market
mixed
command
traditional
21
Which system is centralized and makes all laws for the entire country?
Confederal
Federal
Unitary
22
If demand is up, then supply is down.
False
True
23
___ is an economy in which people make decisions based on their customs and habits.
traditional
command
mixed
market
24
A group of people who have the power to make and enforce laws for a country or area.
Government
Community
Tyranny
Constitution
25
Goods that are produces within a country and sold outside the boarders are called ________.
Imports
Exports
26
A mixed economy is completely controlled by the government.
False
True
27
Producers ____________________.
make products
study needs and wants
sell products
buy products
28
The United States has which type of government?
Democracy
Monarchy
Authoritarian
Communism
29
Which branch carries out the laws?
judicial
executive
legislative
30
Demand and Supple are connected to price
True
False
31
A government structure whose actions are limited by law.
Constitution
Limited Govenment
Tyranny
Unlimited Government
32
The amount of goods or services available is..
Demand
Supply
33
____ is an economy in which individual consumers/ producers make economic decisions.
market
mixed
traditional
command
34
A system of basic rules and principles that organize a government.
Democracy
bill
Constitution
Monarchy
35
A ______ is an organized way for producers and consumers to trade goods and services.
community
economy
recession
market
36
_____ is when the government owns all property and makes all economic decisions.
empire
democracy
communism
authoritarian
37
Goods that are sold in a country but are produced in other countries are called _________.
Exports
Imports
38
Which branch establishes laws?
executive
legislative
judicial
39
What does it mean to
invest
?
set aside money for later
borrow money
using money in the hope of making profit in the future
40
The desire for a certain good or service is..
supply
demand
41
Which branch makes decisions about disputes?
judicial
legislative
executive
42
If your supply is low, should you charge more or less?
More
Less
Stay the same
43
A
stock
is a certificate issued by a company promising to pay aback borrowed money.
False
True
44
Credit
is the price you pay for borrowing money.
True
False
45
Setting aside money for future use is called.....
investing
credit
budgeting
saving
46
The study of how people meet their needs and wants.
Scarcity
economics
Demand
47
Free trade is a government policy or restriction that limits international trade.
True
False
48
A
bond
is shared ownership in a company.
True
False
49
Tyranny occurs in which type of government?
Unlimited Government
Limited Government
50
An incentive is a factor that encourages people to act in a certain way.
False
True
51
Credit
is an arrangement is which a buyer can borrow to purchase something and pay over time.
False
True
