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Chapters 3 and 4

Chapter 2 Questions

QuestionAnswer
Police Power of the States: The power to regulate for the general welfare, health, safety and morals of the people.
Shared Powers: Powers that are held by both the national and state government.
Delegated Powers Powers expressly given to the national government by the Constitution.
Utilitarian Theory We should do the good for the most amount of people.
Ethical Egoism Theory We should act in our own self-interest and only judge ourselves.
Known for running the largest Ponzi Scheme in history Bernie Madoff
Ponzi Scheme: a fraudulent investment scam promising high returns with little risk, paying early investors using money from newer participants rather than profit.
Created by: user-2039604
 

 



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