Normal Size Small Size show me how
Social Studies Final
Notecards for Social studies
|Who owns the resources in a Traditional Economy?
|Who owns the resources in a Command Economy?
|Who owns the resources in a Market Economy?
|What decides what will be produced in a Traditional Economy?
|Customs and Beliefs
|Who decides what will be produced in a Command Economy?
|Who decides what will be produced in a Market Economy?
|Whoever owns the company or factory
|What will decide how things will be produced in a Traditional Economy?
|Customs and Beliefs
|What will decide how things will be produced in a Command Economy?
|What will decide how things will be produced in a Market Economy?
|Whoever owns the company
|Who gets whats produced in a Traditional Economy?
|Depends on who you are
|Who gets whats produced in a Command Economy?
|The Government decides
|Who gets whats produced in a Market Economy?
|Depends on money
|Land, Labor, Capital
|Non man-made materials used to make a good or service
|The skills, knowledge, time and energy of people involved in making a product or service.
|Man-made items like tools and factories used to provide a good or service
|The desire or need for a product or service
|The combination of the land, labor, and capital to make a good or service
|The act of making a good or service available to people
|The act of using a good or service. Satisfaction may only be temporary
|The positive aspects associated with a choice
|The absence of something that results from the conflict between unlimited wants and limited resources
|The most important benefit that you give up because you chose something else
|Everyone works for the good of everyone else. May be considered "Primitive" by some
|You have little to say in economic decisions. You will do as you are told and you will like it or else! The Government controls all the F.O.P.
|People have a major say in economic decisions. Most are motivated by the opportunity to make money.
|An economy that is a mixture of the three basic systems
|Weakness in bartering
|Inconvenient in today's economy
|Money as a medium of exchange
|It's what you give to get something else. People accept it because they can use it to buy something for themselves
|Money as a standard of value
|People understand the comparative worth of an object or service when discussing its price or the money it generates
|Money as a store of value
|It can be recognized when you decide to keep it instead of spending it. You are storing it for use in the future
|Money is generally acceptable
|Everyone is willing to take money in exchange for goods and services because they too will be able to use it or save it.
|Money is easily counted and measured
|Makes it easy to establish prices, keep track of value, profits and losses.
|Money is durable
|Money lasts for a long time and is not easily destroyed
|Money is convenient
|It is easy to carry and use
|Money is cheap to produce
|Today's paper money and coins are much less expensive then the past practice of mining precious metals for coins.
|Money is easily controlled
|In the growing economy, there must be a continuous supply of money with just the right amount available
|Value of currency
|It is officially recognized as currency by the U.S. federal government
|What impact did the Dredd Scoot verdict have on America?
|It defined slavery as constitutional, and slaves as property
|Thurgood Marshall was not only Linda Brown's lawyer but later...
|The first African-American supreme Court Justice
|Amendment XXVII (27) limits how Congress may receive pay raises by...
|Not allowing member to receive the raises they give themselves until after they win re-election
|Amendment XVIII (18) and XXI (21) are related because...
|XVII (18) made alcohol illegal and XXI (21) made it legal again
|Amendment XIII (13) was added to the Constitution as a result of...
|The North's defeat of the South in the Civil War
|Amendment XIV (14)
|Gave African Americans citizenship
|What was the basis of Dred Scott's argument in the U.S. Supreme Court?
|Having being brought by his master into a free state he was thereby a freeman
|Amendment XXIV (24) ended
|What might be an argument behind the XXVI (26) Amendment?
|If you are old enough to fight, you are old enough to vote
|The Miranda warning explains a person's rights under the
|In Tinker versus Des Moines, the Supreme Court ruled that students
|Have a right to free speech
|What was the effect of Nixon refusing to turn over the Watergate tapes?
|Roe versus Wade involves which Amendment and the right to privacy?
|The Fourteenth Amendment
|The most recent Amendment to the Constitution deals with?
|What did the most recent voting rights Amendment do?
|It lowered the age to 18 in all elections
|Several constitutional Amendments reflect the change in attitude about?
|Who has the right to vote
|True or false The term "separate but equal" was given Constitutional approval by the Brown vs. Board verdict in the Supreme Court
|Challenged the abortion laws in Texas
|Roe vs. Wade
|Decision emphasized that no one is above the law
|Nixon vs. United States
|Adopted a policy banning armbands
|Tinker vs. Desmoines Public Schools
|This case supported slave owners
|Dred Scott vs. Sandford
|Overturned Plessy vs. Ferguson
|Brown vs. Board Of Education in Topkea