Core Concepts 2:1-2:5

A government structure in which government actions are limited by law.

Having a limited quantity of resources to meet unlimited wants.

What does the central government handle

a state containing several countries

the study of how people meet their wants and needs

In the situation of a shortage; supply goes down, demand goes up, and price _____

The unjust use of power

A legal member of a country

Which of the following is not one of the U.S. branches of government?

The Regional Government handles

Is the amount of a good or service that is available for use.

When you look at demand from who's point of view are you looking?

A system of basic rules and principles by which a government is organized

an independent state consisting of a city and its surrounding territory

Communism is an example of this type of government.

form of gov't where citizens hold political power; citizens hold the power

A form of government in which the state is ruled by a figure that is usually a king/queen.

When you are looking at supply who's view are you look from?

What is the Judicial branch of government responsible for doing?

A government structure in which there are no effective limits on government actions

In general, if the price of a product decreases what will happen with demand of that product?

a duty of involving yourself in activities having to do with one's society, gov't and community

In general if the price of a product increases what will happen to the demand of that product?

Making a choice involves ____, or the cost of what you have to give up

System of government in which the central government makes all laws for the entire country.

The desire for a certain good or service

A group of people who have the power to make and enforce laws for a country or area.

In the situation of a surplus; supply goes up, demand goes down, and the price ______?

A system in which power is divided among central, regional, and local governments

A region that shares a common government