The amount of a good or service that consumers are willing and able to buy is known as this.
What is demand?
This is known as the federal government's bank.
What is the Federal Reserve?
This federal court has original jurisdiction and a jury.
What is US District Court?
Circular or economic flow activites include interaction between these three things.
What is individuals (households), businesses, and the government?
This is the most important source of financial capital for business expansion in the US.
What are individual and business savings and investments?
This type of business has only one owner and unlimited liability.
What is proprietorship?
This type of business limits the owner's risk to only the amount invested.
What is corporation?
This amendment allows Congress to collect personal and business income tax.
What is the 16th?
The FCC regulates this industry.
What is TV and radio (broadcasting)?
Negoitated contracts are enforceable by this.
What is law?
Interstate highways and social service programs are funded by this.
What are tax dollars?
This is the way that the government avoids monopolies.
What are antitrust laws?
Fill in the blanks
When the government increases __________, there is _________ funds available for private and business spending.
What is taxes and less?
This agency regulates the buying and selling of goods.
What is the FTC (Federal Trade Commission)?
This goes into the bank so banks can then make loans.
What are deposits?
This is one way the government can likely support additional spending on public programs.
What is to raise taxes?
Public safety officers and the Postal Service are examples of this.
What is goods and services provided by the government?
Credit Unions, Banks, and Savings and Loans are all examples of this.
What are private financial institutions?
Coal, natural gas, timber, and oil are all known as this term.
What are natural resources?
This is the name for what happened when the banks began to fail during the 1930s.
What is the Great Depression?
This government action will increase demand, employment, and production.
What is more spending?
This Virginia court tries felony criminal cases and has appellate jurisdiction from the General District Court.
What is Circuit Court?
This innovation has contributed the most to the global economy.
What is the internet?
Proprietorship, partnership, and corporation are all this.
What are types of business ownership?
This indivdual is credited for writing the Declaration of Independence.
Who is Thomas Jefferson?
Fill in the blank.
The government establishes ____________ that businesses/individuals must follow to protect the public and safety of all people.
What are regulations?
What is the number one reason why nations and states trade?
What is to create jobs?
These are the five freedoms listed in the 1st Amendment.
What are Religion, Assembly, Petition, Press, and Speech?
This is the court case which established judicial review.
What is Marbury v. Madison?
This is where most of the work on a bill is done.
What is in committees?