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US Government Unit 1 (Chapters 12, 14) Flashcards | StudBud
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US Government Unit 1 (Chapters 12, 14)
US Government Unit 1 (Chapters 12, 14)
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On-level US Government - Texas curriculum. Unit 1, Chapter 1
Flashcards
32 cards
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Questions
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Answers
1
In which of these ways can the government affect the public sector?
regulate an industry at large
hire more employees
create tax breaks
lower the corporate tax rate
2
In today's United Kingdom, the King/Queen have great political power.
False
True
3
The U.S. has a __ form of government, meaning 'rule by laws'; no person will be above the law.
Monarchy
Democratic
Republican
Autocratic
4
While the Russian constitution guarantees many fundamental rights...
many are concerned that they are not following it/extending rights to all.
their human rights record is superior to the USA.
Russia's political system is very fair.
their nation cannot defend itself militarily.
5
Which of these government actions would likely result in more jobs in the private sector?
Lowering taxes on businesses
Raising taxes on businesses
Hiring more tax auditors
Introducing new safety regulations on businesses.
6
Many states, whether they actually do or not, claim to engage in __, meaning 'power from people'/majority rule.
Monarchy
Democracy
Republicanism
Autocracy
7
Great Britain elects a parliament which, in turn, selects their __, who serves as their chief executive.
President
Premier
King
Prime Minister
8
In a system featuring __ as one's income increases, so does their tax rate.
progressive taxation
income taxation
indirect taxation
9
Oliver Wendell Holmes once stated that "taxes are what we pay for __ society".
civilized
functional
fair
decent
10
Which statement might be made by a citizen of a country with a command economy?
The government spends too much money on social programs.
Our workers have no incentive to create new products.
The government has a laissez-faire attitude in the economy.
Workers have no say in management or production processes.
11
China's political power is held by comparatively few members of the Communist party, and this is best described as __.
a Monarchy
a Republic
a Democracy
an Oligarchy
12
The four factors of production are...
land, goods, services, capital
labor, services, entrepreneurs, capital
private goods, public goods, labor, entrepreneurs
land, labor, capital, entrepreneurs
13
Mao Zedong is best known for bringing a __ system to China.
Democratic
Federal
Communist
Free Market
14
Which of these factors would likely result in a price increase on private goods?
Downsizing the size of the IRS
Introducing new safety regulations on private companies.
Lowering the consumer tax rate.
Lowering the corporate tax rate
15
Which of the following systems best describes the type of government Kim Jung Un represents?
Republic
Democracy
Autocracy
Theocracy
16
Governments collect taxes as well as other non-tax funds to acquire __ for their functions.
Means
Wages
Revenue
Salaries
17
Much of Russia's history has seen a __ government meaning that decisions are made without the input of citizens.
Autocratic
Republican
Democratic
18
In this system is power divided between state and local levels. Russia and the U.S. both structure themselves this way.
Confederation
Federal System
Unitary System
19
China is a communist nation with the world's __ population.
Largest
Fourth-largest
Second-largest
Third-largest
20
Which is supported by the histories of the United States, China, and the former Soviet Union?
Government and economics can and should remain separate.
No country has succeeded in a “pure” economic system.
Economic inequality typically leads to a socialist society.
Violent upheaval is needed to bring about a healthy economy.
21
Which of these best describes Capitalism?
Democratic system with high taxes and many services offered.
Government ownership of key industries
Private ownership and decision-making for all industry.
State ownership of all industry/ employment.
22
What would MOST LIKELY occur in a free enterprise economic system versus a command system?
consistent economies of scale
rapid technological advances
decreased competition
an abundance of state-run factories
23
Which factor of production is more important in capitalist societies than in other systems?
capital resources such as buildings, machines, and computers
entrepreneurs combining the other factors
an economy that is suitable for agriculture, mining, or forestry
a government body determining products should be made
24
Which of these best describes Communism?
Private ownership and decision-making for all industry.
Democratic system with high taxes and many services offered.
Government ownership of key industries
State ownership of all industry/ employment.
25
Taxing and spending are key elements of our government's __ policy.
fiscal
inheritance
foreign
tariff
26
Which best describes the form of government that is most common in Europe and the Americas?
Rule of the country is passed down through family members.
The people elect officials to represent them in government.
A single individual has absolute control over the government
Power is held by a small, ruling elite.
27
Great Britain and Russia are both __ systems, meaning that power is concentrated only at one (central) level.
Binary
Federal
Unitary
Confederate
28
Which of the statements about the forms of government shown in the chart is correct?
In Confederate and Federal systems local/central are equal
In unitary, central gov't determines powers of local gov't
In federal system, states are granted power by national gov.
The central government is strongest in a confederate system.
29
Anything that a government decides to do.
Tax
Public Policy
Government
Law
30
A free enterprise system of economy tends to work well with a __ form of government.
Autocratic
Totalitarian
Democratic
Oligarchic
31
Which of the following best describes the relationships between deficit and debt?
Debt is typically a given number, and deficit is not.
Debt is the accumulation of each year's deficit.
Debt and deficit are always expressed as a percentage.
Debt is a constant, while deficit is always changing.
32
Taxation on goods is an example of ___.
progressive taxation
income taxation
indirect taxation