This fundamental principle states that the government is not all-powerful and may do only those things the people have given it the power to do.
What is Limited Government?
This branch consists of the General Assembly at the state level and Congress at the federal level.
What is the Legislative Branch?
These are things a citizen must do by law, such as paying taxes or serving on a jury.
What are Duties?
This is the inability to satisfy all wants at the same time because resources are limited.
What is Scarcity?
This is the central bank of the United States.
What is the Federal Reserve?
This founding document established the first form of national government for the independent states but was eventually replaced because it was too weak.
What are the Articles of Confederation?
The power of the Supreme Court to determine the constitutionality of laws and executive acts.
What is Judicial Review?
This amendment defines citizenship as "all persons born or naturalized in the United States."
What is the 14th Amendment?
This is what is given up when a choice is madeāthe highest valued alternative.
What is Opportunity Cost?
Virginia and the United States pursue this, which involves buying and selling goods and services with other nations.
What is International Trade?
This document, written by George Mason, served as a model for the Bill of Rights.
What is the Virginia Declaration of Rights?
This landmark Supreme Court case established the principle of judicial review.
What is Marbury v. Madison?
Registering to vote and holding elective office are examples of these (things you should do).
What are Responsibilities?
In this type of economy, central planning and government ownership of resources are key features.
What is a Command Economy?
This government agency regulates the marketplace by prohibiting monopolies and "price-fixing."
What is the FTC (Federal Trade Commission)?
This principle means that the people are the source of any and all governmental power.
What is Consent of the Governed?
This is the specific "check" the Executive branch has over the Legislative branch when a bill is passed.
What is a Veto?
To register to vote in Virginia, you must be a US citizen, a resident of Virginia, and this age.
What is 18?
This type of business organization is authorized by law to act as a legal entity regardless of the number of owners; liability is limited to investment.
What is a Corporation?
When the government spends more than it brings in through tax revenue, it creates this.
What is a Deficit?
To amend the Constitution of the United States, a proposal must pass Congress and then be ratified by this many states.
What is three-fourths (38 states)?
This is the division of power between the states and the national government.
What is Federalism?
This process requires a person to demonstrate knowledge of American history and the ability to read, speak, and write English.
What is Naturalization?
These are the three types of "money" used in the United States economy to facilitate exchange.
What are Coins, Federal Reserve Notes (currency), and Deposits?
This amendment allows Congress to tax personal and business incomes.
What is the 16th Amendment?