Civics & Gov.
What are the 3 branches of government? Briefly explain each branch job.
Legislative - Congress (house & senate) , makes the laws
Executive - President & Vp, enforces the laws
Judicial - Supreme court, reviews the laws
What was cause of the Civil War? And What were the two sides of this war?
Slavery
North (Union)
South (Confederate)
What are the 4 types of economic systems?
Traditional, Market, Command, Mixed
What is the federal reserve?
The Federal Reserve is the central bank of the United States. It was established in 1913.
What is Marxism?
Marxism is a social, political, and economic philosophy named after Karl Marx.
Argues workers revolution, against capitalism in favor of communism
What is the bill of rights? Name at least 1
First 10 amendments in the constitution.
(1) Freedom of religion, speech, press, assembly, and petition. (2) Right to keep and bear arms in order to maintain a well regulated militia. (3) No quartering of soldiers. (4) Freedom from unreasonable searches and seizures. (5) Right to due process of law, freedom from self-incrimination, double jeopardy. (6) Rights of accused persons, e.g., right to a speedy and public trial. (7) Right of trial by jury in civil cases. (8) Freedom from excessive bail, cruel and unusual punishments. (9) Other rights of the people. (10) Powers reserved to the states.
What was the Berlin blockade & Berlin airlift?
The crisis started on June 24, 1948, when Soviet forces blockaded rail, road, and water access to Allied-controlled areas of Berlin. The United States and United Kingdom responded by airlifting food and fuel to Berlin from Allied airbases in western Germany.
What type of economic system would communism be?
Command Economic System
What was the Great Depression?
The worst economic downturn in the history of the industrialized world, lasting from 1929 to 1939.
It began after the stock market crash of October 1929, which sent Wall Street into a panic and wiped out millions of investors.
Who are the bourgeoisie and who are the proletariats?
Bourgeoisie - middle/upper class
Proletariats - workers or working-class people
What was the Declaration of Independence?
Document that declared independence from Great Britain and stated the principles of our government - all men are created equal, people have natural rights, and we have the civic duty to defend ourselves.
What are the 3 types of foreign policy?
Foreign aid, Military, Treaties
What are the 3 fundamental questions must be answered by all economic systems?
(1) what goods and services, and how much of each to produce
(2) how to produce
(3) for whom to produce
What are three functions of the Federal Reserve?
Responsible for monetary policy
Managing the payments system
Banking supervision and regulation
What is Marxs 5 stages of history?
Primitive communism, feudalism, capitalism, socialism, communism
What type of government has only one ruler?
Monarchy
What were the 3 reasons for Exploration?
Political - more power
Social - spread religion
Economic - trade
What is a Market Economy?
-People make their own decisions
-Economic freedoms
-Based on capitalism
-Competition & profits
What is the difference between inflation and deflation?
Inflation is a rise in the average price level over time.
Deflation is a decrease in the average price level over time.
In feudalism there is a hierarchy system, list the 4 levels of power
Kings, nobles, knights, peasants
What was the first written constitution called?
What are the 3 goals of foreign policy?
Protect the U.S. and Americans
Support economic growth and human rights
Increase support of values like democracy and freedom
What type of economic system does the U.S. have?
Mixed
What is laissez faire?
No government interference, the less the government is involved in the economy, the better off business will be, and by extension, society as a whole
What is capitalism?
an economic and political system in which a country's trade and industry are controlled by private owners for profit, rather than by the state.