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Civics & Economics SOL REVIEW Flashcards | StudBud
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Civics & Economics SOL REVIEW
Civics & Economics SOL REVIEW
50 terms
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StudBud Administration
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A seventh grade civics and economics review
Flashcards
50 cards
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Practice quiz
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Questions
50
Answers
1
This document stated grievances against the king, declared colonies independence, etc. :
VA Declaration of Rights
U.S. Constitution
Articles of Confederation
Declaration of Independence
2
The Preamble of the Constitution of the U.S.A. begins with...
We the People...
Ask not what your country can do for you ...
Fourscore and seven years ago our fathers brought forth...
Government is not a solution to our problem...
3
Which is NOT a way for the gov't to pay for public goods & services?
Paychecks
Taxes
Fees
Borrowed Funds
4
Things that motive or incite, used to change economic behavior.
Consumption
Price
Incentives
Production
5
First Amendment freedoms include:
All of these freedoms are included
Freedom of Assembly
Freedom of Religion
Freedom of Speech/Press
6
The _____ has the duty to maintain the value of a $, regulates banks, manages economy, etc.
Legislative Branch
Executive Branch
Federal Trade Commission
Federal Reserve System
7
Inability to satisfy all the wants at the same time because resources are limited.
Choice
Opportunity Cost
Scarcity
Resources
8
Factors of production that are used in the production of goods and services.
Opportunity Cost
Choice
Scarcity
Resources
9
Democracy:
People are the source of any and all government power
A government where the people rule
The government and those who govern are bound by law
People elect public officeholders to make laws/conduct gov't
10
This document served as a model for the Constitution and Bill of Rights:
VA Declaration of Rights
VA Statute of Religious Freedom
11
The amount of a good or service that consumers are willing/able to buy at a certain price.
Supply
Demand
12
Economic decisions based on custom and historical precedent; same type of work as parents.
Free Market
Mixed
Traditional
Command
13
This document was the first form of U.S. gov't, power within states, weakness in central gov't:
U.S. Constitution
Articles of Confederation
Declaration of Independence
14
Central ownership of property/resources(by gov't), centrally planned, lack of consumer choice
Traditional
Free Market
Mixed
Command
15
Selection of an item or action from a set of possible alternatives.
Choice
Scarcity
Opportunity Cost
Resources
16
Responsibility of National Governments:
Promote public health, safety, & welfare
handles foreign policy, regulate commerce, & provide defense
17
Legislative Powers used to carry out expressed powers.
Expressed Powers
Implied Powers
18
Private ownership of property/resources, competition, individual choice, minimal gov't, etc.
Mixed
Free Market
Traditional
Command
19
What does the picture represent?
Economic Flow
National Economy
20
Combining of human, natural, captial, & entrepreneurship resources to make good/provide service
Incentive
Consumption
Production
Price
21
This document structures US gov't, guarantees equality under law, grants freedoms...
Declaration of Independence
Articles of Confederation
Constitution of the United States
22
Register and vote, keep informed, serve in voluntary positions, support a campaign, etc.
Responsibility of Citizens
Duties of Citizens
23
Reasons for Trade:
Buy good/service at a lower cost
Get good/service country cannot produce themselves
Sell good/service to other countries; create job
All of the above
24
This document grants freedom of religious beliefs and opinions:
VA Declaration of Rights
VA Statute of Religious Freedom
25
Rule of law:
People elect public officeholders to make laws/conduct gov't
The government and those who govern are bound by law
People are the source of any and all government power
A government where the people rule
26
Legislative powers specifically listed in the Constitution of the United States.
Expressed Powers
Implied Powers
27
Which is NOT a qualification to register to vote in VA?
Resident of VA precinct
At least 18 years of age
Has a job working for the government
Citizen of the U.S.
28
The 14th Amendment grants:
Protection against unreasonable searches and seizures
Right to bear arms
Extends due process protection to actions of the states
All our Freedoms
29
Rights of Englishman guaranteed to colonists are established within this document:
Charters of the VA Company of London
VA Declaration of Rights
Declaration of Consitution
30
Must obey laws, pay taxes, serve in Armed Forces, serve on jury or as a witness in court...
Responsibility of Citizens
Duties of Citizens
31
Responsibility of State Governments:
handles foreign policy, regulate commerce, & provide defense
Promote public health, safety, & welfare
32
Partnership:
Authorized by law regardless of # of owner, share profit
Person who takes risk to sell goods/service search of profit
2 or more owners who share risks & profit
1 owner who takes all the risks & profit
33
Functions of Political Parties:
Recruiting, nominating, and helping candidates win elections
Educating electorate about campaign issues
All of the above
Monitoring actions of officeholders
34
Representative government:
The government and those who govern are bound by law
Government is not all-powerful, the people give it the power
A government where the people rule
People are the source of any and all government power
35
Proprietorship:
Authorized by law regardless of # of owners who share profit
1 owner who takes all the risks & profit
2 or more owners who share risks & profit
Person who takes risk to sell good/service search of profit
36
This branch consists of federal courts (Supreme Court), has power of judicial review, etc.
Executive
Legislative
VA State Government
Judicial
37
The amount of money exchanged for a good or service.
Production
Supply & Demand
Consumption
Price
38
Entrepreneur:
1 owner who takes all the risks & profit
Person who takes risk to sell goods/service search of profit
Authorized by law regardless of # of owner, share profit
2 or more owners who share risks & profit
39
Corporation:
2 or more owners who share risks & profit
Person who takes risk to sell goods/service search of profit
Authorized by law regardless of # of owner, share profit
1 owner who takes all the risks & profit
40
Consent of the governed:
People elect public officeholders to make laws/conduct gov't
People are the source of any and all government power
A government where the people rule
The government and those who govern are bound by law
41
Means of obtaining citizenship in the U.S.A.
By birth
By immigration
Both 1 & 2
By naturalization
42
This branch has a Congress, makes laws, approves budget, declares war, regulates trade, etc.
Judicial
VA State Goverment
Legislative
Executive
43
Limited government:
People elect public officeholders to make laws/conduct gov't
The government and those who govern are bound by law
People are the source of any and all government power
A government where the people rule
44
The amount of a good or service that producers are willing/able to sell at a certain price.
Supply
Demand
45
Purposes of the U.S. government
To form a more perfect union and establish justice
All of the above
To promote general welfare and secure blessings of liberty
To ensure domestic tranquility and provide a common defense
46
How do you amend the Constitution of VA?
Proposal action by General Assembly & ratify by VA voters
Proposal action by Congress or Convention & ratify by states
47
This branch is headed by the president, who executes laws, appoints ambassadors/judges, etc.
Executive
VA State Government
Judicial
Legislative
48
How do you amend the U.S. Constitution?
Proposal action by Congress or Convention & ratify by states
Proposal action by General Assembly & ratify by VA voters
49
What is given up when a choice is made...
Resources
Opportunity Cost
Choice
Scarcity
50
US economy; individuals/business make decisions, gov't role is greater, etc.
Traditional
Command
Mixed
Free Market