Vocabulary
freedoms that are protected by law
What are rights?
This amendment states the national government must follow due process protections when taking a citizen’s liberty. (yes, plea it)
What is the 5th amendment
The plan for the new government in 1777.(Weak)
What is the Articles of Confederation
These people take risks in order to create a new business. We can call them?
Who are Entrepreneurs
This is when not enough resources are available to produce or purchase all the goods and services that people want or need
What is scarcity
To formally approve a document, usually by signing it,
What is to ratify
This amendment says the state government must follow due process protections when taking a citizen’s liberty.
What is the 14th amendment
Changes to the Constitution are called.
What are Amendments?
These are produced by businesses and organizations and distributed to households.
What are goods and services
Banks make our economy more efficient by providing specialized financial services such as?
what are checking accounts, savings accounts, loans, and credit and debit cards?
this is money businesses make after they pay all of their expenses
What is a profit
This amendment gave women the right to vote
What is the 19th amendment
New government to make America strong.
What is the U.S. Constitution
The amount of goods or services that are available for purchase in the market at a particular price
What is supply
Citizens have a legal responsibility to. (you pay this every timeyou purchase something)
What is to pay taxes
a person chosen to speak or make decisions for another person or group of people.
Who is a representative or polotician?
This amendment gave African American men the right to vote
What is the 15th amendment
The first ten amendments to the U.S. Constitution
What are the Bill of Rights
The amount of goods or services that will be purchased in the market at a particular price
What is demand
People pay taxes so that the government can?
What are paving roads, supporting schools, supporting people etc?
The procedures that must occur before the government can deprive a citizen of his or her rights.
What is Due Process of Law
This amendment gave citizens in Washington DC the right to vote
What is the 23rd Amendment
Amendments may be proposed for a joint resolution in both houses of Congress and by a constitutional convention By what vote
What is a two-thirds vote
How do people earn income from businesses?
What is selling labor to the business. Working
How do households create demand in the market?
What is their individual preferences or what they want