The idea that the people rule
Democracy
List 3 titles/ roles of the President
Commander-in-chief, Chief of State, Chief Diplomat, Chief Executive, Chief of Party, Chief Legislator, Chief Citizen
What are the three main types of taxes?
Income, sales, property
A single business which controls all of the market:
Monopoly
Images that tell an often sarcastic or biased story are called
Political Cartoons
Everyone must follow the law, including government officials
Rule of law
What speech does the president give every year
State of the Union
What are the three types of money generally used in the United States?
Coins, currency, bank deposits/checks/debit cards
The amount of product that is available and the desire of buys for it, relating to its price
Supply and Demand
Posters, posts, and advertisements that want you to take action are called
propaganda
Citizens give the government authority in exchange for the protection of their rights
Consent of the governed
What are the leaders of each of the executive departments collectively called?
Cabinet
What are the four ways governments pay for goods and services?
Tax revenue, borrowed funds, fees, fines)
Resources, goods and services, and money flow continuously among households, businesses, and markets in the United States economy:
Circular flow/ economic flow
What is one strategy to evaluate speeches, literature, advertisements, and media?
Separating fact from opinion, detecting bias, evaluating sources, identifying propaganda
The people elect public officeholders to make laws and conduct government on their behalf:
Representative government
The President can issue someone legal forgiveness called a
Pardon
What is one of the characteristics of most goods and services provided by the government using its revenue?
Provide benefits to many simultaneously, would not likely be available if individuals had to provide them, include things such as interstate highways, public schools, and national defense
What is one way the government promotes marketplace competition?
Anti-trust legislation, policies encourage global trade, supporting business start-ups
What is one role that mass media plays in elections?
Identifying candidates, emphasizing issues, writing editorials / cartoons / op-ed, posting to social media, broadcasting different points of view
Government is not all powerful and may only do the things the people have given it the power to do:
Limited Government
What laws can the President enact immediately?
Executive orders/ acts
What is the main source of revenue for the national governmen
Income Tax
What are two government agencies that regulate and promote competition in the marketplace?
FEC - Federal Election Commission, SEC - Securities and Exchange Commission, FTC - Federal Trade Commission
What is one way the media sets the public agenda?
Focusing attention, offering a forum to showcase different views, holding officials accountable