economics
What is scarcity?
Only a limited amount of resources not able to meet the unlimited amount of wants
NATO
28 Countries that will help each other in case of an attack.
What is the first amendment?
Free speech.
What is a Republic?
People select representatives.
What is popular sovereignty?
Belief ultimate power is in the people.
What is trade-off
Giving up a benefit to get a better benefit.
UN
An organization that grouped together to promote peace security, etc.
What is the third amendment?
No quartering of soldiers
What is individual rights?
The rights of a citizen guaranteed by the bill of rights.
What is limited government?
Government powers is defined by a limited constitution.
What is a market economy?
Goods are based on exchange
EU
Western European countries that grouped together to promote free trade.
What is the fourth amendment?
No unreasonble searches
What is delegated powers?
Certain powers given to the federal government.
What is rule of law?
Law applies to everyone.
What is a mixed market?
A mix of private and government owned production.
Red Cross
AN organization that helps in natural disasters and checks on prisoners of war.
What is the sixth amendment?
Right to a public trial.
What is denied powers?
Powers neither state of national government can have.
What is separation of powers?
Divided powers among government officals.
What is fiscal policy?
Government attempts to control economy by raising taxes.
NAFTA
An agreement that made free trade between America, Canada, and Mexico.
what is the eighth amendment
No cruel punishments are allowed.
What is commerce clause?
The clause in the constitution.
What is federalism?
A government where power is divided between different branches.