Show:
Chapters 8 & 9
Chapter 19
Chapters 20, 21, & 28
Chapter 25
100
How long are Supreme Court justices' terms
life
100
What are the 4 factors of production
land, labor, capital, & entreprenuership
100
What are some of the ways that the U.S. can punish other countries economically
embargoes & sanctions
100
What is the federal government's biggest source of revenue
income taxes
200
Who was the first Republican president
Abraham Lincoln
200
What is a plan to get and spend money
budget
200
Why is the U.S. so involved in economic interdependence
some goods and services can be produced at a lower cost in other countries
200
What type tax could you say that the more you earn, the more you pay
progressive
300
Which court case overturned Plessy v. Ferguson saying that separate but equal was not constitutional
Brown v. Board of Education of Topeka, Kansas
300
What is an advantage of a free market economy
prices are determined by supply and demand
300
Name a good that would considered elastic
expensive car, Pepsi, a new video game, etc.
300
What is the biggest expenditure for state governments
public welfare
400
Which court case established judicial review
Marbury v. Madison
400
If a country has high unemployment, what can you assume about its GDP
it is low
400
What is it called when as quantity supplies increases, prices increase
law of supply
400
What is the biggest expenditure for the U.S. government
Social Security
500
What is the main difference between the Democrats and Republicans
providing public services
500
Why is competition the backbone of the free market system
keeps prices low on products as quality increases
500
What does the U.S. offer to poorer countries
foreign aid
500
What type of tax takes the same percentage of income from everyone regardless of income level
proportional