People of America
A way of life
Culture
Which of these four leader types does America have (Emperor, King, President, Magistrate)?
President
total amount of money made minus expenses
profit
makes laws
legislative branch
countryside
rural
The number of people in an area.
population
A written plan of government.
constitution
A market with few government restrictions on how goods are made, sold, and bought
free market
carries out laws
executive branch
city
urban
The love for one's country
Patriotism
People can elect their own leaders to govern them.
democracy
What is the difference between supply and demand?
supply: the amount of goods or services available
demand: the amount of a product or service people will buy at a given price
judicial branch
small town or city outside a bigger city
suburbs
To come to another country to make a new life.
immigration
a system of leaders that makes laws and decisions for the country, state, or community
government
Name all three Factors of Production.
Human resources, natural resources, capital resources
where the number of people who want something outnumber the people who want something else
majority rule
the making of products
manufacturing
Name all 5 MAJOR reasons why people want to move to America.
Job (Money), Freedom Religion, Weather, Protection, Freedom of Choice
A form of government in which the people have the power to help the government.
republic
What is the difference between trade-off and opportunity cost?
trade-off: choosing between two things and making a decision
opportunity cost: Choose one thing, lose the other
Used to keep the government from getting too powerful in one branch
checks and balances
business that provides services to people instead of producing goods
service industry