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Econ and Career Planning Review for SOL Flashcards | StudBud
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Econ and Career Planning Review for SOL
Econ and Career Planning Review for SOL
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SOL Review for Civics in Virginia borrowed and edited from #areedy by #mrgcoe #civics #econ
Flashcards
58 cards
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Practice quiz
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Questions
58
Answers
1
Fighting the U.S. Constitution would be heard by the -
US District
Circuit Court
Supreme Court
US Court of Appeals
2
These powers cannot be carried out by any level or branch of government
Denied
Bad
Reserved
Expressed
3
President appoints new ambassador -
Commander-in-Chief
Party Chief
Chief of State
Chief Diplomat
4
Who ratifies amendments to the VA Constitution
Voters
Congress
The Governor
General Assembly
5
These powers are not in the constitution, but are given to the states by the 10th amendment.
expressed
CIDER
denied
reserved
6
Which does the executive NOT do -
Interpret Laws
Execute Law
administer Laws
Enforce Laws
7
Why does the government use coins and currency?
The make the exchange for goods and services easy
To help people become wealthy
To show off past presidents
Maintain control or people and economy
8
These are things that incite or motivate consumers-
Warranties
Savings and Bonds
Price
Incentives
9
Who has the role of Managing the amount of money in the economy to try and keep inflation low?
Citizens
Delegates
Federal Reserve
Congressmen
10
Local laws are called?
Policies
Ordinances
Mandates
Rules
11
a person who takes a risk to prooduce goods and services to make income is a-
candidate
Capitalist
socalist
entrepreneur
12
I am going to get a 600 on the Civics SOL!
IDK
There is an SOL?!?!
Yes
No
13
Banks pay investors ______________________ on their deposits
reward points
penalties
Dividants
Interest
14
Using a good or service is called
Consumption
Production
Wasting
Usage
15
Which is NOT a type of resource to produce goods and services?
Natural
Educational
Capital
Entrepreneurship
16
These powers are included in the Constitution and tell the federal gov't what powers they have
Expressed
Reserved
Denied
Implied
17
Which example would be Chief of State?
Visiting Iraq leaders
Declaring War
State of the Union Address
Ceremonial Puck Drop at the Stanley Cup
18
If demand for Jordans are high and the supply is low, what will probaby be the effect on price?
Price will decrease
Price will increase
Price will remain the same
19
Which way is not a way to participate in politics?
Never watching the news
Voting
Campaigning
seeking office
20
What is a check the Executive Branch has over the Judical Branch
Judical Review
Veto
Propse budget
Appoint Justices
21
Who is in control of the private sector
Government
Individuals
China
Mr. Coe
22
Which is not a reason states and nations trade
to get goods
to sell goods
pay more for goods
create jobs
23
The two factors the determine what is produced are-
Availabe resources and Consumer preferences
Incentives and Motivations
Supply and Demand
Cause and Effect
24
The process of USING goods and services is called-
Interaction
Consumption
Price Fixing
Production
25
The money earned after all expenses have been paid is-
income
debt
taxes
profit
26
Which agency regulates trade?
FCC
EPA
FDA
FTC
27
What greatly influences the abilities, skills, and education needed in the marketplace?
A person's pay scale
Working overtime
A person's patience
Changes in technology
28
Factors of production are those things that are necessary to make goods. The are called-
Resources
Incentives
Opportunity costs
Consumers
29
Only one owner takes a risk and benefits from the profits
Partnership
Co-op
Proprietorship
Corporation
30
Candidates winn elections by appealing to the political
left
right
center
none of the above
31
This is what you give up when you make a choice
Price
Scarcity
Cost
Opportunity Cost
32
Which Amendment is about Taxes
1
14
16
10
33
Which is NOT a place you can register to vote?
DMV
Online
by mail
Post Office
34
The fundamental economic problem that all societies must deal with is-
Scarcity
Bad Credit
Feudalism
Debt
35
The words ECONOMY and ECONOMICS refer to-
Science, exploration, and othe STEM areas
education
How people/governments earn, spend, and use money/resources
Limited gThe environment and global warmingovernment
36
This court has original jurisdiction for misdomeanors?
VA Court of Appeals
General District Court
Circuit Court
VA Supreme Court
37
Why would Virginia want to be involved in the global market?
To insure Hondas are available on a consistant basis
Increase Wealth
Help setup Democracies
Incourage Free Trade
38
This court hears civil case with a jury (state level)-
US Civil Court
US District Court
General District Court
Circuit Court
39
Who is in control of the public sector?
China
Individuals / Businesses
Elders of the community
Government
40
Who proposes amendments to the US Constitution
Congress
Voters
President
States
41
If you do not like the ruling of a General District case then you could appeal to-
US Superem Court
VA Supreme Court
Circuit Court
US District Court
42
The most common economic system today
Free Market
Mixed
Command
Traditional
43
What is a check the Legislative Branch has over the Executive branch
override Veto
Impeach/removal
Approve/deny Appointments
All of the above
44
We have a government that shares power between the federal, state and local governments.
Democracy
Articles of Confederation
Fuedalism
Federalism
45
Combining human, natural, capital, and entrepreneurship resources to make a good-
Consumption
Production
Incentive
Supply and Deman
46
Which of the following is a duty?
Going to school
Voting
Respecting other opinions
Running for Office
47
Whos primary responsibility is it to promote public health, safety, and welfare
State Gov
National Gov
48
Governor appoints new Cabinet Member
Chief of State
Chief of Party
Chief Legislator
Chief Administrator
49
The amount of money exchanged for a good or service is called the-
Opportunity Cost
Resource
Choice
Price
50
This court has justices and is found on the state level
VA Supreme Court
US Supreme Court
VA Court of Appeals
Circuit Court
51
Inability to satisfy all wants and at the same time-
production
Scarcity
supply
resources
52
These powers exist to help ensure expressed powers are carried out
implied
reserved
concurrent
Expressed
53
This court is made up of a panel of judges who handle appeals from lower courts
District Court
US Court of Appeals
US Court of Hard Knocks
VA JDR Court
54
A model that shows how households, businesses and markets interact with each other is-
Slope Model
Supply and Demand
Circular Flow
Poltical Spectrum
55
Who decides what goods and services will be produced?
Consumers
Businesses
The Government
Target
56
Financial protection for individuals include all of the following EXCEPT-
Guarantees
Warranties
Contracts
Credit Cards
57
Who setsup school boards and oversees their operation?
National Gov
State Gov
Local Gov
58
Which of the following is NOT a public good/service
Military
Postal Service
Interstate Highways
Gas
