Wednesday, April 30, 2014
What might happen if the government creates more money to cover a large deficit?
hyperinflation
The Bretton Woods Conference led to the creation of ____________ tied to ____________.
fixed exchange rate system; U.S. dollars
The Gramm-Rudman-Hollings Act tried to prevent budget deficits by
creating automatic spending cuts if the deficit exceeded a certain amount.
_____________ was formed to create a free-trade zone linking the U.S., Canada, and Mexico.
NAFTA
The _______________________ makes key decisions about interest rates and the growth of the United States money supply.
Federal Open Market Committee
The Federal Reserve Districts are made up of
the geographic areas into which the Federal Reserve Act divided the United States.
The charter of the Second Bank of the United States was not renewed in 1836 because
many people feared that the bank gave the government too much power.
_______________ allows countries to ___________________ some goods and trade for other s.
Trade; specialize in
National defense and education are examples of
National defense and education are examples of
A highway construction program is an example of a program in which costs are shared by
federal and state governments.
Which kind of tax is illegal in the United States?
export taxes on American products overseas
Imagine that a country is having trouble paying its debts, and the International Monetary Fund arranges a longer time period in which the debt may be paid. This situation is an example of
debt rescheduling.
How can the Federal Reserve slow an expanding economy that is causing high inflation?
cut the money supply
What is one major argument against a constitutional amendment requiring a balanced budget?
It would make it hard for the government to respond to rapid changes in the economy.
What is an example of an international institution?
International Monetary Fund
The most serious types of crimes are called
felonies
A city becomes a legal body through the process of incorporation, which is granted by the
state government
Who was the primary author of the declaration of Independence?
Thomas Jefferson
What Amendment extended the right to vote to women in the US.
Nineteenth
The term democracy means
rule by the people
What does the Necessary and Proper Clause of the United States Constitution mean?
The National government can only exercise implied powers.
The major role that political parties fill is
nominating candidates
School districts, utilities and airports are examples of services that are sometimes provided by
special districts
A grant in support of health care is an example of
categorical grant
the Albany Plan of Union may be considered a forerunner to the declaration of Independence because
it proposed allowing greater freedom and greater responsibillities for the coonies.
The ability to enforce laws and public policies is called
judicial power
under the United States Constitution, expressed powers are
primarily found in Article I, Section 8.
The 26th Amendment set the minimum voting age at
eighteen
Citizens cast their ballots at
polling places
How did the Magna Carta and the petition of right influence the American revolutionaries?
These documents suggested that government should be limited.
Who formally selects the president of the Unites States?
the electoral college
The most that any person can donate to a national party committee in the United States is
$26,700.00
The power to set voting qualifications is reserved for the
state governments
John Locke was a political philosopher from
England
A change to the written words in the Constitution is called
an amendment
Why were the articles of confederation created to be intentionally weak?
The second Continental congress did not want too much power in a central government.
The United States federal government has
three separate but equally powerful branches
The naming of those who will seek office is called
nominating
The two ways for voters to take part in the lawmaking process
initiative and referendum
What does the supremacy clause of the United States constitution mean?
The Constitution, which recognizes national and state governments, is supreme.
Why would the Constitutional framers agree to the three-fifths compromise?
so southern states would agree to ratify the constitution
What is the greatest source of income for most local governments?
property taxes
Wednesday, April 23, 2014
From the Congo, the Belgians exploited the Congo and Congolese natives in its central African colony by extracting
rubber, ivory, and copper.
In 1893, Americans deposed the Hawaiian monarch because
the Hawaiian queen had threatened to nationalize American pineapple and sugar operations in Hawaii.
In 1856, Australia became the first nation in the world to use a new political mechanism known as
the secret ballot.
Labels:
Australia became the first nation in the world to use a new political mechanism known as,
In 1856
In the early 19th century, the British Corn Laws were
laws that imposed high tariffs on imported grains to protect British farmers from foreign competition.
The domination of all the aspects of a particular industry, such as was practiced by J.D. Rockefeller's Standard Oil in the late 19th century after the American Civil War, was known as
monopoly.
The Russian tsar who, for the first time in that country's history, freed the slave-like serfs in 1861 was
Tsar Alexander II.
Labels:
for the first time in that country's history,
freed the slave-like serfs in 1861 was,
The Russian tsar who
Friday, April 4, 2014
Washington became personally and professionally attached to the powerful ____________.
William Fairfax
What best describes the United States's position in world trade?
It is a major importer and exporter
How do you calculate a nation's per capita GDP?
Divide a nation's gross domestic product by its population.
Economists that believe that the economy will correct itself quickly are known as
laissez-faire economists.
A "means-tested" program is one that gives _____________ to people with _________ income.
lower or no benefits; higher
An example of a regressive tax is when
you pay sales tax on items that you buy.
Banks create money by
lending money they are not required to hold in reserve.
Washington was born into the provincial gentry of ________________.
Colonial Virginia
Washington was born into the provincial gentry of ________________.
Colonial Virginia
________________ banks are required to join the Federal Reserve System.
Nationally chartered
What might happen if the government creates more money to cover a large deficit?
hyperinflation
The Bretton Woods Conference led to the creation of ____________ tied to ____________.
fixed exchange rate system; U.S. dollars
The Gramm-Rudman-Hollings Act tried to prevent budget deficits by
creating automatic spending cuts if the deficit exceeded a certain amount.
_____________ was formed to create a free-trade zone linking the U.S., Canada, and Mexico.
NAFTA
The Big Wig Company is one of the largest manufacturers in the country, but it paid very little in corporate income taxes last year. What is the most likely reason?
It claimed many deductions, which reduced its taxable income.
The _______________________ makes key decisions about interest rates and the growth of the United States money supply.
Federal Open Market Committee
The Federal Reserve Districts are made up of
the geographic areas into which the Federal Reserve Act divided the United States.
The charter of the Second Bank of the United States was not renewed in 1836 because
many people feared that the bank gave the government too much power.
National defense and education are examples of
discretionary spending.
A highway construction program is an example of a program in which costs are shared by
federal and state governments.
Imagine that a country is having trouble paying its debts, and the International Monetary Fund arranges a longer time period in which the debt may be paid. This situation is an example of
debt rescheduling.
How can the Federal Reserve slow an expanding economy that is causing high inflation?
cut the money supply
What is one major argument against a constitutional amendment requiring a balanced budget?
It would make it hard for the government to respond to rapid changes in the economy.
What is an example of an international institution?
International Monetary Fund
Subscribe to:
Posts (Atom)