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Civics test

Econmics

QuestionAnswer
Supreme law of land ______? The Constitution
Number of senators? 100 of u.s senators
number of US house of representives? 435
Number of us reps from Alabama? 6 republicans, 1 democrat
Number of articles in the US constitution? 7
Number of Amendments in the US Constution? 27
Name and main function (job) of each branch of the US Govt Legislative- makes laws Executive- Carries out laws Judicial- Evaluates laws.
Highest Executive branch office in State and US government a governor
Federalism The division and combined power between national and state governments.
Juvenile term equivalent to getting arrested as an adult Sentencing a hearing
Purpose of Juvenile Justice System to protect citizens and the community from crimes committed by young people.
Definition and relationship between supply, demand and price As the price of goods goes up, consumers demand less of it and more supply enters the market.
Market economy principles change in supply, a system of markets and prices, Efficiency is fostered by competition, Freedom, Growth of money leads to inflation, people respond to incentives, profits for innovation.
What is scarcity the demand for a good or service is greater than the availability of goods or service.
What is cost-benefit analysis A systematic process for identifying, quantifying, and comparing expected benefits and costs of an investment, action, or policy.
What are some reasons discussed in class to use credit cards Convenience: Credit cards allow you to make purchases without carrying cash.
What are benefits of making a budget Keeps your spending in check Makes sure that your savings are on track for the future
What negatively and positively affects credit score Payment history Credit usage (or credit utilization) The age of accounts New credit (or credit inquiries)
Know difference and examples of a duty and responsibility Duty refers to an obligation that is regulated by law and is mandatory. Responsibility refers to an action that is taken voluntary and is accountable to oneself.
How has social media changed the way authoritarian governments try to control the availability of information to the public? By knowing what you say or search up to advertise it to you more.
What choice must people make in order to accept certain acts such as the Patriot Act or the establishment of the Dept. of Homeland Security? Some of their freedom.
Created by: eubanks.8009
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