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Spring 2023 Final Flashcards | StudBud
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Spring 2023 Final
The Fair Housing Act of 1968
Preferred Stock generally
Spring 2023 Final
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1
Preferred Stock generally
Gives one vote at the shareholder meeting for every shared owned.
Share of ownership of a company
Doesn't have voting rt, generally will not find them trading on exchange.
2
The Fair Housing Act of 1968
Dramatically reduced housing segregation.
little effect on housing segregation because it was ruled unconstitutional
Had little effect on housing segregation but more impact after the FHA '88
Dramatically increased housing segregation
3
The two most basic “democratic norms” in the American political system are:
Communal concern and individual liberty
Survival of the fittest and Social Darwinism
Mutually assured destruction and due process of law
Mutual toleration and forbearance
4
...A limited government role in helping individuals economically, supports traditional values and lifestyles, favor
Authoritarian
Conservatism
Populist
Liberalism
5
What are the two major types of bonds that are issued today?
Stock and Government Bonds
Common and Government Bonds
Government and Corporate Bonds
Preferred and Common Bonds
6
Consumers use goods and services to satisfy their…
Hunger and Thirst
Wants and Needs
Opportunity cost
None of the above
7
The government in which the president is constitutionally independent from the legislature is
Constitutional monarchy
Parliamentary
Presidential
Republic
8
Which of the following statements about the 1964 Civil Rights Act is most accurate?
The 1964 Civil Rights Act was mostly symbolic...
The '64 Civil Rt Act banned literacy & other tests as a condition of voting
The '64 Civil Rt Act addressed, discrimination in public accomodation...
The 1964 Civil Rt Act effectively ended all de facto forms of segregation..
9
In 1999, Hugo Chavez and the chavistas were first elected into office in which country:
Brazil
Columbia
El Salvador
Venezuela
10
The key to markets is the concept of ____________ exchange.
Unavoidable
Compulsory
Unwilling
Voluntary
11
The McGovern-Fraser Committee, following the '68 DNC, recommended this policy which was put in place in 1972 by
Party-insider presidential selection system
Staggered national elections
Smoke-filled backroom selection system
Binding presidential primaries
12
Strict Scrutiny refers to
The apportionment of voters in districts in such a way as to give unfair...
A test used by the S.C. that places the burden of proof on the Gov't
A set of regulations determining which school received grants in aid
A test used by the S.C. that places the burden of proof partially on Gov't
13
The following is not one of the ways that political parties can prevent ...demagogues from gaining power in a democracy?
Refusing to endorse or align with them
Keep them off mainstream party tickets
Arrest them and jail them before they gain power
Making common cause with rivals in support of democratic elections
14
Father Charles Coughlin, Huey Long, George Wallace, and Sen. Joseph McCarthy are all examples of:
American extremist demagogues
American capitalist leaders
American political reformers
American labor leaders
15
During his second term, President Obama issued executive orders
granting quasi-legal status and work permits to millions of individuals...
providing voting rights and health care benefits to all undocumented...
ending all deportations of undocumented immigrants.
providing full citizenship to millions of individuals who entered the U.S.
16
Question in Image
a totalitarian system
a constitutional monarchy
an oligarchy
a federal system
17
A representative democracy (also known as as republic) is a system of government that
allows citizens to make, veto, or judge statutes personally.
gives citizens the ability to debate important constitutional decisions.
gives citizens a regular opportunity to elect government officials.
allows citizens to vote directly on laws and policies
18
Define Stock:
Share of ownership of a company
Doesn't have voting rt, you generally will not find them trading on EXG.
Gives one vote at the shareholder meeting for every shared owned
19
To what does the term Jim Crow refer?
White politicians from northern states moved to South during Reconstruction
The Civil Rights movement of the mid-20th century.
The system of racial segregation in the South after Reconstruction
Northern Whites who sympathize with African Americans.
20
Civil Rights are
Gov't policies or programs that seek to redress past injustices....
A provision of the 14th Amend. that guarantees citizens the equal.....
Obligation imposed on government to take positive action to protect citizen
Areas of freedom constitutionally protected from government interference.
21
Which way do we tend to think Democracies are dying?
By the voters.
Elected officials, who subvert the very process that brought them to power.
At the hands of men with guns
22
This country is an example of a Command Economy
France
United States
Canada
North Korea
23
The Fourteenth Amendment
Guaranteed equal protection and due process.
Expanded voting rights to women
Abolished Slavery
Guaranteed voting right for African American men
24
Term...supports active federal government in promoting individual welfare and supporting civil rights, and accepts peace
Populist
Authoritarian
Conservatism
Liberalism
25
The Civil Rights Act of 1964
eliminated the Department of Justice and replaced......
outlawed job discrimination by all private and public employers......
prohibited the Justice Department from implementing federal court orders...
created an independent circuit of federal courts devoted entirely.....
26
10 yrs. after Brown v BOE (1954), only 1% of Black children in the south attended school with White children be
Implementation of the Court’s decision required congress and admin. action.
Most Americans lost interest in school segregation after Brown v BOE.
The SC detailed timeline for integration called for such slow progress.
CR demonstrations basically stopped after the court issued its ruling.
27
Which of the following democracies successfully practiced “gatekeeping” according to Z. and L.?
Germany and Italy
Belgium and Finland
Columbia and Argentina
Russia and Austria
28
“The Battle of Michigan Avenue” at the 1968 Democratic National Convention, according to Z. and L., mortally wounded:
Article II of the Constitution
The filibuster
The power of executive orders
The party-insider presidential selection system
29
What is considered the First Gatekeeper in the American government?
Congress
Electoral College
President
Mobilization of voters
30
Which is
not
1 of the ways that political parties can prevent authoritarian demagogues from gaining power in a democracy
Making common cause with rivals in support of democratic elections
Refusing to endorse or align with them
Keep them off mainstream party tickets
Arrest them and jail them before they gain power
31
This country is an example of Mixed Economy
China
United States
North Korea
32
According to Z and L, Democracies are more likely to die…?
Elected officials, who subvert the very process that brought them to power.
At the hands of men with guns
By the voters.
33
The use of any unreasonable and unjust criteria of exclusion is known as
Strict Scrutiny
Discrimination
Affirmative Action
Equal protection
34
The ruling in Plessy v Ferguson (1896
Established the ‘separate but equal’ rule
Declared the segregation by race was unconstitutional
Ruled that equal protection clause applied to the Fed. gov't & state gov't
Upheld the Civil Rights Act of 1875.
35
The routes to power undertaken by Hitler, Mussolini, and Chavez are similar in that:
They were outsiders with a flair for capturing public attention......
They used insider political knowledge and opposition research to undercut..
They all came from establishment parties and worked their way to the top
They all seized office violently using combination ofmilitary/police forces
36
Which of the following is NOT one of the three big microeconomic questions?
For whom are goods and services produced?
How are goods and services produced?
Why are goods and services produced?
What goods and services are produced?
37
In the Bakke (1978) case, the Supreme Court ruled that
quotas/separate admissions standards for minorities were constitutional...
all affirmative action policies subject to strict scrutiny by the courts
quotas/separate standards for minorities were unconstitutional....
all affirmative action policies were unconstitutional.
38
A market is any place where buyers and sellers meet to ___________ goods and services.
Dacoity
Embezzle
Ship
Exchange
39
Direct democracy is best defined as
a system that allows citizens to vote directly for laws and policies
the system of government run by one person.
the competition between interest groups for governmental power.
a system that allows citizens to elect representatives...
40
“Smoke-filled back rooms”, the old convention system, and the Electoral College are examples of:
Mass mobilization of voters
Gatekeeping by political parties
Treating political opponents as enemies
Constitutional hardball
41
Opportunity cost is
All the alternatives given up by making a choice.
The highest-valued alternative given up by making a choice.
Zero for services, because services do not last for very long, and positive
Paid by society not by an individual.
42
Which way do we tend to think Democracies are dying?
By the voters.
At the hands of men with guns
Elected officials, who subvert the very process that brought them to power.
43
Democrats generally opposed voter ID laws because
Voter ID laws were declared unconstitutional in 2008.
Voter ID laws are more likely to depress turnout among minorities.
Voter ID laws prevent noncitizens from voting.
Voter ID laws increase turnout overall, particularly among those groups...
44
Which amendment to the Constitution guarantees voting rights for African American men?
15th
14th
13th
17th
45
Which of the following best summarizes the Supreme Court’s ruling in Brown v Board of Education (1954)?
Racially segregated schools can never be equal.
States that segregate must spend more money to make A.A. schools equal.
States that segregate must spend less money on all-White schools.
School segregation is unethical but does not violate the 14th Amendment.
46
The routes to power undertaken by Hitler, Mussolini, and Chavez are similar in that:
They were outsiders capturing public attention but each of them rose to pwr
They all came from establishment parties and worked their way to the top
They seized office using a combination of military and police forces
Used political knowledge and opposition research to undercut their rival
47
During an inflation, the cost of living is ________ and the value of the dollar is
Rising, Rising
Rising, Falling
Falling; Rising
Falling; Falling
48
Affirmative action
has more to do with encouraging the private sector to diversify....
seeks to redress past injustices by making special efforts to provide...
is the slow process of eliminating discriminatory barriers.
has always relied on voluntary compliance from the schools and workplaces..
49
The two most basic “democratic norms” in the American political system are:
Communal concern and individual liberty
Survival of the fittest and Social Darwinism
Mutually assured destruction and due process of law
Mutual toleration and forbearance
50
Z. and L. define democracy as:
A system of government with regular, free and fair elections,....
An anarcho-syndicalist commune where different members take turns acting...
A classless society where people labor out of a sense of collective respon.
A system of government whereby the wealthy are rewarded with benefits...
51
The Montgomery Bus boycott began after ________ refused to give up her seat for a White man.
Elizabeth Cady Stanton
Lucretia Mott
Rosa Parks
Orbal Faubus
52
Terms best describes, Basic organization of a group of people into a sovereign state with defined borders...
Territory
Nation-State
Nation
State
53
All of the following categories are factors of production EXCEPT:
Entrepreneurship
Money
Land
Capital
54
What is the motivating force behind the free-market system?
The Government
Self-Interest
Competition
The Market
55
Aesop’s parable of the horse, the stag, and the hunter on p. 11 of HDD is included because:
It demonstrates the potential cost of allying one’s self w/ charismatic ...
The Horse is the master of the Hunter because the Hunter needs the Horse...
It demonstrates how to succeed in democratic politics...
The Stag has outwitted both the Hunter and the Horse...
56
Economics a social science that studies, choices that indiv., businesses, govt., & entire societies make in the presence
Necessity.
Scarcity
Poverty
Efficiency
57
What are the three categories that business structure typically falls under?
All Listed
Sole proprietorship
A Corporation
A Partnership
58
Who is considered the “Father of Economics”?
Adam Smith
Karl Marx
Lawrence Klein
Hernando DeSoto
59
How did the Dred Scott vs Sanford decision help to precipitate the Civil War?
Scott upheld the institution of slavery...
Scott declared that enslaved people were citizens of the United States.
Scott reinforced the institution of slavery and ruled all Black people...
Scott established the Thirteenth, Fourteenth, and Fifteenth Amendments
60
In this passage below, Adam Smith is describing the basic economic concept of
Division of Labor
Paradox of Value
Opportunity cost
Utility
61
Which of the following best describes, Free Market?
An economic system where the government plays a major role.
An economic system that relies on habit or custom, with little innovation.
An economic system where people do what’s best for them for personal gain.
62
Which of the follow, best describes a Populist?
a political and moral philosophy based on the rights of the individual...
The government tightly controls all aspects of the state.....
Anti-establishment politicians figures who, claiming to represent....
The ideology of governing a nation as a republic with an emphasis......
63
Adam Smith, believed that government should stay out of the economy, this term can be best described as
Liberalization
Laissez-Faire
Dirigisme
Communism
64
The Thirteenth Amendment
Abolished Slavery
Guaranteed equal protection of the laws.
Granted women the right to vote
Guaranteed voting right for African American men
65
In Grutter v. Bollinger (2003) the Court ruled that
the law school could not consider diversity in admissions.
affirmative action could not be used in admissions decisions.
diversity in education is a compelling state interest.
racial categories could not be used in admissions.
66
Among the goals of Martin Luther King, Jr.’ “I Have A Dream” speech was
To argue in favor of civil rights for the African American community.
To establish the movement’s moral claims.
To pressure the federal government into defending Black civil rights.
All listed
67
Legally enforced segregation in public schools is a form of ______ discrimination.
De Facto
Suspect
De Jure
Stare Decisis
68
The 1898 decision in United States v. Wong Kim Ark is important because it
declared the Chinese Exclusion Act unconstitutional.
denied the right to own property to Japanese immigrants.
secured the right of citizenship to American-born Chinese children.
allowed Chinese immigrants re-entry after 1943.
69
When did the federal gov't acknowledge that denial of Civil Rights was a “grave injustice” for the Japanese Americans?
after the Allied victory over the Japanese empire in 1945
in the Civil Liberties Act of 1988
in 1944, when President Roosevelt closed the internment camps
in the 1974 case Lau v. Nichols
70
The Twenty-Fourth Amendment expanded the civil rights of immigrants in which of the following ways?
Allowed for assistance when voting to non-English speakers.
Dismantled Literacy tests
Mandated bilingual ballots
All listed
71
Title IX of the 1972 Education Act has had a major effect on
School Integration
Religious freedom on campus
School busing
University athletic programs.
72
Why didn’t Henry Ford,... run as the Democratic nominee for President in 1924?
World War II was raging and Ford didn’t want to undercut FDR
Democratic party leaders soundly rejected him and his candidacy
Voters were concerned about his business conflicts of interests
He failed to register enough signatures for candidacy
73
Franklin v. Gwinnett County Public Schools (1992) is important because it
ruled that busing was unconstitutional.
narrowed the free speech rights that students enjoyed at school.
asserted that violations of Title IX of the 1972 Education Act could be...
permitted public schools to experiment with gender segregation.
74
The rights of disabled individuals to access public businesses is guaranteed by the
Civil Rights Act of 1964
Americans with Disabilities Act of 1990
Amended Civil Rights Act of 1991.
Federal courts, not laws passed by Congress.
75
Native Americans were collectively naturalized
With an act of Congress in 1924.
With the passage of the 1964 Civil Rights Act.
Immediately following the ratification of the Constitution in 1789.
With the addition of the Twenty-Third Amendment in 1961.
76
What factors induced King Victor Emmanuel III of Italy to appoint Benito Mussolini as prime minister?
Threat of violence (e.g. Fascist Blackshirts)
All Listed
Divisions among establishment politicians
Fear of Socialism
77
In 1870, Congress declared that _____ immigrants were ineligible to become U.S. citizens.
Chinese
Russian
Italian
Mexican
78
A government that’s power is divided between a monarch and parliament is best described as
Presidential
Republic
Absolute monarchy
Constitutional Monarchy
79
The Law of Demand states that when the price goes up, people buy __; when the price goes down, people buy ____.
More; Less
Less; More
Less; Less
More; More