Terms and definitions
An agreement by a company to pay for your health services, in exchange for a fee that you pay each month or each year.
What is Health insurance?
What levels of government in Canada are responsible for collecting taxes?
(MUST GET ALL 3 FOR FULL POINTS)
Federal, provincial and territorial governments.
Canada has a progressive tax system.
TRUE or FALSE
TRUE!
Why might values that shape social programs change over time?
Values may change over time because of different political parties being elected or people might start to feel like the system they have set up isn't working or isn't as effective as it could be. Major events in the country or even outside of the country might also play a role in values which affect the social program.
How many hearts does an octopus have?
3
Money made by a product above and beyond the cost of providing the product or service.
What is profit?
What are the 2 types of taxes that individual citizens pay?
(MUST GET BOTH FOR FULL POINTS)
GST and income tax.
What is income tax?
Tax based on a percentage of a person's income.
Who does the principles of the Canada Health Act apply to?
ALL Canadians
The snow glows white on the......
Mountain tonight
Not a footprint to be seen.
Another term for underground economy.
What is the Black Market?
What is a progressive tax system?
Tax paid at the time of buying a product or service and based on a percentage of the price of the product.
What is sales tax?
What is the Canada Health Act?
The Canada health act is Canada's federal legislation for publicly funded health care insurance.
What do people eat in Japan to help celebrate christmas?
KFC
All the economic activity in a society taxed by a government to pay for services.
Misrepresenting what you earn to avoid taxes.
What is tax evasion?
What is GST?
A federal sales tax in Canada.
What is the difference between the Canadian and American Health care system?
Canada has public health care paid for by taxes and America has a private health care system paid for by individuals
Economic activity based on buying and selling products and services illegally.
What is the underground economy?
A policy of a political party or government about what to tax, how much to tax, and how to spend tax.
What is taxation model?
Have the endorsement of at least 250 eligible votes
Have a name
Run at least one candidate during a federal election
What are the requirements to form a new political party?
Resident of Canada
At least 14
Endorse the principles of the party
Not a member of any other political party
What are the membership requirements to join most political parties?
Identical twins have the same fingerprints
TRUE or FALSE
FALSE!