Economics 1
True or False: Free education through high school is a socialist aspect of the American mixed economy?
True
Which philosophy states that government should keep its hands off the economy?
Laissez-Faire
What is the institutions which exercise sovereignty over the population in a given territory
Government
What system of government in which the government exercises total control over its citizens in their economic, political, and social lives?
Totalitarian
What was John Kennedy's middle name?
Fitzgerald
According to Adam Smith: Burger King and McDonald's keep their prices low because of
Competition
An economic system in which buyers and sellers make free choices in the marketplace
Free Market
What is government in which people rule
Democracy
A condition or state without government and laws. Chaos. Turmoil. Mobs rule the land through might and violence.
Anarchy
What is the Capital of Maine?
Augusta
A society with one class, the working class
Communism
Economic system that emphasizes freedom of choice and individual incentive
Capitalism
A republic is ruled by who?
Elected Representatives
When government officials must answer to the people and justify their decisions, it shows which principle?
Accountability
In Toy Story, what is the name of the gas station where Woody and Buzz get left behind?
Dinoco
What are the 3 P's of Government?
People, Power, Policies
Who is Karl Marx?
Founder of Communism
Which field of study primarily focuses on governmental powers and the rights of citizens?
Political Science
What is a disadvantage for a Confederal System?
A weak central government
Which country has the longest coastline in the world?
Canada
In a traditional economy decisions are according to
The opportunity to control one’s own economic decisions
Free Enterprise
Which theory explains the willingness of people to hand over their rights to a ruler in exchange for law and order in society was called the
Social Contract Theory
Citizens would have basic democratic rights, but the government owns key industries like energy and transportation.
Who holds the record for the most career assists in NBA history?