What are new articles added to the Constitution?
Amendments
Which of the following is NOT one of the three branches of the United States government?
Judicial
Capitol
Executive
Legislative
Capitol
someone who acquires goods and services for his or her own personal use
consumer
The United States has a _____ economy.
Market
True or False: Low demand will lead to lower prices
True
What is the main purpose of the judicial branch?
Interpret whether laws are constitutional
What is the main purpose of the legislative branch?
Write and pass laws
the number of consumers who want it
demand
What is the name for a limited amount of resources available?
Scarcity
the amount of something that is available
supply
The founding document of the United States that outlines the framework of the national government and acts as the supreme law of the land
U.S. Constitution
(I will accept "The Constitution")
The legislative branch of the United States government is called what?
Congress
protects individual freedoms and justice by limiting the powers of the government against its people
Bill of Rights
someone who makes goods or offers services to others
producer
Competition drives prices down and leads to _____.
innovation
The president is elected indirectly by citizens of all fifty states through the _____.
Electoral College
What is the purpose of the separation of powers between the branches of government?
I will accept either:
To separate responsibilities between each branch
or
To make sure that no part of the government gets too powerful
Limited Government Role: The government does not make rules about what and how much gets produced. The government’s main role is to make sure the market is ____________
Fair
The benefit you give up by choosing to do one thing instead of another
opportunity cost
A company can make a car that runs on water for $100,000, but consumers are only willing to pay $40,000. Does this company have an incentive to produce? Why?
No
(Answers may vary)
Each state has two members on this side of the Congress, regardless of population
Senate
Which amendment separates the powers of the federal government from the state governments?
10th Amendment
Congress needs this number of votes to pass a law the president has vetoed
two-thirds majority
Type of economy where producers are free to decide what to produce, and consumers are free to buy whatever they need and want
market economy
Type of economy where the government decides what will be produced, how much will be produced, and how much goods and services will cost
command economy