The Amendments
What Amendment Introduces the rule where you can't charge people money to vote?
24
The Government spends most of it's money on...
Social Security
Mark lives on a farm with lots of cows. He comes up with the idea to start selling milk. He easily sells his milk at the local market. What market structure does this represent?
Perfect Competition
The United States is a example of what kind of Economic system and why?
Mixed economy because we have government regulations.
Why do nations trade?
The Comparative Advantage for one place might not be as high as in others, so they trade with places for things they need with what they produce.
All persons born or naturalized in the United States, and subject to the jurisdiction thereof, are citizens of the United States and of the state wherein they reside. No state shall make or enforce any law which shall abridge the privileges or immensities of citizens of the United States; nor shall any state deprive any person of life, liberty, or property without due process of law, nor deny to any person within its jurisdiction the equal protection of the laws.
What Amendment is describes here?
The 14th Amendment Right to Citizenship
Military Defense is mandatory spending for the government. True or False?
False
Pepsi is a big soda company who runs other brands like MTN Dew. They compete with another big company on Coke. This is an example of.....
Oligopoly
What kind of economy does small villages in developing countries usually have?
Traditional Economy
What is Specialization and why is it dangerous?
When a country can produce something that not many others can they specialize in it. This is dangerous because they become dependent on that production for revenue and it may run out one day.
No person shall be held to answer for a capital, or otherwise infamous crime, unless on a presentment or indictment of a Grand Jury, except in cases arising in the land or naval forces, or in the Militia, when in actual service in time of War or public danger; nor shall any person be subject for the same offence to be twice put in jeopardy of life or limb; nor shall be compelled in any criminal case to be a witness against himself, nor be deprived of life, liberty, or property, without due process of law; nor shall private property be taken for public use, without just compensation.
What Amendment is described here?
5
_______ ______ makes up about 50% of the governments revenue. (Fill in the blank)
Income Taxes
Utility company's like Duke Energy, are examples of a.....
Natural Monopoly
In North Korea and other dictatorships the government has total control over everything. What kind of economy is this?
Command Economy
The US usually imports more than it exports causing a....
Trade deficit
Article the sixth... The right of the people to be secure in their persons, houses, papers, and effects, against unreasonable searches and seizures, shall not be violated, and no Warrants shall issue, but upon probable cause, supported by Oath or affirmation, and particularly describing the place to be searched, and the persons or things to be seized.
What Amendment is described here?
The 4th Amendment.
Government program that provides money to retired and disabled people. This is called....
Social Security
James makes pretzels for his siblings and himself all the time. He makes different flavors and dipping sauces also. He decides to open a store at the local town hall where he sells pays all the bills and makes money by himself. This is an example of...
Sole Proprietorship
The Black Market is an example of what type of economy?
Market System
Tariffs and Quotas ard examples of what kind of trade barrier?
Protectionism
“Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof; or abridging the freedom of speech, or of the press; or the right of the people peaceably to assemble, and to petition the Government for a redress of grievances.”
Which Amendment is described here?
Taxes paid on certain products such as cigarettes, alcohol and phone devices is called....
Excise Taxes
The United States Postal Service is ran under the government. This is an example of a...
Nonprofit Organization
The definition of a Market System is...
How many judges are in the WORLD court?
15