Where can filibusters take place?
The senate
What is it called when a jury finds the defendant not guilty of the charges brought against them
Acquittal
What core concept from this unit drives stock prices?
Supply and Demand
Define Fiscal Policy
When the government uses funds to influence the economy
Why is it important to diversify stocks?
To keep investments safer so you don't lose all your money
What does Commander in Chief mean?
Leader of the military
What must the police read to you when you are arrested?
D/N: What are they specifically
Miranda Rights
Right to remain silent
Right to an attorney
What is the point of taxes?
To raise funds for the government
Name a famous case that has advanced civil rights or protected people's rights
Brown v board
Obergefell v Hodges
Tinker v. Des Moines
Define arraignment
When someone is read the charges against them for the first time in a formal setting
What is a specific power of the Senate?
D/N: What is a specific power of the House?
Have the power to approve or deny presidential appointments
D/N: All bills involving money must start there
RJ has been fired from his job at McDonald's for what he alleges is a violation of his first amendment rights. He sought $100,000 in damages, but at both the district and appeals levels the court took McDonald's side. Where can RJ take the case now?
Supreme Court
Income Tax increases the percentage as income becomes higher to take wealth into account. This is an example of...
Progressive Tax
D/N: What is a regressive tax and provide an example
Why would a government lower interest rates?
To encourage people to take out loans and stimulate the economy
What is an executive order?
A directive by the president that has the authority of law
What are the two punishments if one is found guilty in an impeachment trial? One is automatic and one requires another vote.
D/N: Who starts the process of impeachment and who acts as the jury?
Removal from office (automatic)
Cannot hold a government position again (vote)
D/N House then Senate
What are the 3 levels of federal court
Supreme Court
Court of Appeals
District Court
What is the difference between a mixed economy and a command economy?
A mixed economy has both public and private ownership, while a command economy has only government ownership
Name a president that has been impeached?
D/N: Name all three
Andrew Johnson
Bill Clinton
Donald Trump
Which level of court only hears cases for the first time (original jurisdiction)?
District Court
Describe the process for a bill to become a law
People want a new law
Bill is written
Discussed in committee
Brought to House or Senate to be voted on
Passed to the other chamber to be voted on
Goes to the president. If signed becomes a law
If vetoed it goes back to the house and senate. 2/3rds vote overturns the veto
Name 2 of the types of jurisdiction discussed in class
D/N: Name all 4
Exclusive- Only can be heard at the federal level
Concurrent- Could be heard by either the state or federal level
Original- Has the authority to hear a case first
Appellate- Has the authority to hear appeals
What are the 4 factors of production?
Land
Labor
Capital
Entrepreneurship
Give an example of a surplus and a shortage
Surplus- too much supply, not enough demand
Shortage- Too much demand not enough supply
Name 1 power of the president, and a check on that power. 1 power 1 check1
Commander in chief (Congress declares war)
President appoints (Congress must approve)
President can write treaties (Congress must approve)